MBLY is our swing trade stock of the week. The stock is showing excellent price and volume action as it nears recent highs. A breakout over this range at $48.50 puts the all time highs at $60 in play. All the stock needs is a catalyst, and it reports earnings post market today (May 11th). A strong earnings breakout will set this stock up for it’s next leg up.
Note: I do not recommend entering before earnings.
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