$MBLY
Added 2024-10-11 16:54:42 +0000 UTC$MBLY is at confluence level now, holding on the larger 1 Fib and the pull back 0.618 Fib from potentially finding the bottom at $10.50 at the start of Sept.
If the price can hold here then it can bounce higher and make an attempt at converting the 50 Day MA to support, if the bulls can do this then we could see Wave 3 next which would bring this back up the $16 target
So we want to see a series of higher highs and higher lows here next.
Fundamentals are still not great but it has got a pop today on the reaction to $TSLA's Robo event.
