$MBLY - RC -
Added 2023-03-28 09:32:05 +0000 UTC$MBLY IPO'd in October so the structure is only showing one wave so far so it is difficult to construct an EW count with only one wave but we can see the trend clearly. It has just broken down from the trend but the 50 Day MA may save this again and help it move up for Wave 5, failure to hold and it will eventually correct to complete Wave C.
$MBLY is at the forefront of autonomous driving and $NIO fans will be aware of it, they certainly will have a big part to play in this future industry, for now, the valuation is at $34 billion and still loss making (only just), it will need to live up tho this valuation.
Comments
Have you looked at this one lately, Cap?
Blake O
2023-11-08 12:40:50 +0000 UTC
