Peter,
If the wall is of metal studs, then a magnetic base holds it there, if not a suction type base.
However it would need to be accurately leveled before turning on the beam, otherwise the items, in this case speakers would be in line but not level.
A point to remember when using a level is that the longer the bubble holder and the longer the bubble within that holder the more accurate is the level.
Also to check accuracy of the level, reverse the direction and the Level line should align, if not the level is inaccurate.