The Long Investor
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$MBLY
🕑 Added 2025-03-20 13:12:05 +0000 UTC$MBLY has not confirmed support yet and there is likely going to be another test of the 0.78 Fib at $13 next.
This is not a concern once $MBLY can find a higher low or at the very least a double bottom support on the blue line at $10.50, if this can happen then the impulse wave can remain in place and $MBLY could look at recovering.
The 200 Day MA is the important level to flip to support here at $17.80, a hold above this level is the low risk entry position for me.
