The Traderszone Network

Published in TZ Latest News 3 June, 2015 by The TZ Newswire Staff

Mobileye Hangs Just Below Buy Point In Deep Cup Base

Some Israeli companies have a knack for going public and getting in on the ground floor of important markets. Teva Pharmaceuticals (TEVA) jumped into the generic-drug space in 1982. Check Point (CHKP) went public as a security software play in 1996. Jerusalem-based Mobileye (MBLY) went public in August in hot pursuit of a rapidly developing automotive safety market. In 1989, few auto buyers had ever heard of antilock brakes.

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