Trade It: $MBLY Sits On Stock Chart Support. Check It Out He

Shares of Mobileye NV (NYSE:MBLY) are sitting on support and are a strong buy. Upside is substantial at a possible 31% to $46.00. The key to this trade is truly understanding it. With Mobileye sitting on support, it remains a buy and hold as long as it does not break below the support level which is $34.50 on a daily closing basis. If it does that, exit the trade immediately. This keeps the risk at 3-5% while the reward is at 31%. Trade the charts and consistently profit.