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15 days

Mobileye Stock Price Levels to Watch After This Week's 28% Drop

1. Mobileye shares plummeted 28% this week post-CES presentation. 2. CEO's address lacked updates on commercial wins, disappointing investors. 3. Overall stock downtrend due to inventory pressures and industry slowdowns. 4. Key support levels include $15, $12, and $10.50. 5. Critical resistance near $24; monitor for bullish reversals.

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FAQ

Why Bearish?

Recent 28% drop indicates significant negative sentiment, similar to past declines after disappointing earnings.

How important is it?

The article highlights key price movements and investor sentiment directly affecting MBLY.

Why Short Term?

Market reactions to CES can affect stock quickly; historical patterns show swift price adjustments.

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