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AhmedMesbah

[Weekly] $AMBA #Ambarella is attractive.

Ambarella, Inc. (BATS:AMBA)  
AhmedMesbah  
BATS:AMBA   Ambarella, Inc.
Supply and Demand Trend Lines Economic Cycles AMBA ambarella semiconductors Stocks stocksignals stockstobuy ahmedmesbah
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AMBA #Ambarella
  • is currently testing a significant level. The lower wedge of a 10 years old extended channel.
  • This is the 6th time the band is being tested. Even though testing a wedge several times weakens it. However, below it is almost a technical free fall zone to the 11:12$ mark.

Keep it simple.
#AHMEDMESBAH
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