Trade of the Week MBLY

This week our trade of the week is Mobileye (MBLY). We believe this can catch some major momentum through 38 with a voluminous break of resistance. After being sold off the past few months it seems as if some major players may be slowly acquiring this stock, as it has been basing higher and higher for some time. With resistance and support clearly mapped out, we believe it's this guy's time for a momentum move higher. Volume is very key in this high-beta.