The Long Investor
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$MBLY
🕑 Added 2025-02-10 15:19:15 +0000 UTCI brought this to your attention at the end of last week to say that it was holding support above the 0.618 Fib and yellow support line and today it has opened up +18% and has run to the 200 Day MA at $19.
Yes the initial move may be gone now if there is no retest of the 50 Day MA at $17.70 but there is an entry holding above the 200 Day MA at $19 to catch the rest of Wave 3 to $34
The low risk level is above the 200 Day MA too, so you have not missed this yet.
Comments
TommyJR
Ive been scoping this one for a while as a TSLA hedge / alt AV play - I like it and the Lyft announcement today got it moving Lyft stock rose Monday after the company said it would launch self-driving robo-taxis in collaboration with Mobileye "as soon as 2026." The ride-hailing company plans to bring fully autonomous robo-taxis powered by the Mobileye Drive system to its app as early as next year. The rollout will begin in Dallas "with plans to scale thousands of vehicles to additional cities," a Lyft spokesperson told Barron's.
