Based on the below fundamental, the idea is to go long. Technical Analysis does not give any significant signal of buying/selling. The idea, based on Technical Analysis, is to wait to see if there will start a retracement price soon before buying. Ambarella — The semiconductor company’s stock tumbled 4% in extended trading after Ambarella provided its...
Not too long ago AMBA was a Wall Street darling until Citron sniped them (one of their few good short calls). After three years of price action purgatory, AMBA looks ready to rock again. I"ll be watching for some red-to-green price action for an entry. I'd like a retest of the previous highs (~$65) but it doesn't look like it wants to get there.
AMBA can be seen to be displaying many chart patterns including, channels both ascending and descending, ALOT of Horn Tops, a rounded bottom, and an Adam & Adam double bottom. Recently a downward trend break can be seen, forming a new upward trend. This may lead to new upsides. Potential long opportunity.
Ambarella used to be the darling few years ago. So, is the worst over now? Do your own Fundamental research. But the charts are telling us that it is prime for a move to the upside and begins a new bull market rally. But there are plenty of resistance and things will be more clear after breaking up the all time high. Can Ambarella breaks that and go higher?...
AMBA's direction is confused right now, it has gaped up after positive earnings reports. I would keep a non-biased approach to it depending on how it goes premarket and at the market open, if it fades i would go short to fill the gap 44.07 until 40.55. If it goes further up could go long (depending on market direction) until the trendlines indicated in the...
Decent amount of resistance looming over on the daily/weekly time frame. Need to break above the 200MA to be bullish. Shorting at $40, Cover loss if daily holds above 41.20. Cover Range $32-$35.
AMBA: The simple answer...Ambarella, Inc. offers semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display. Love this long run on sentence and now you know why the dip. Await smart driving cars for growth as likely booster. The company's system-on-a-chip designs integrated HD video processing, image...
Battleground: Morgan sticks by Ambarella after guidance cut, two downgrades The shares of Ambarella (AMBA) are tumbling after the chip maker reported stronger than expected quarterly results but cut its guidance. Two research firms, Craig-Hallum and Roth Capital, downgraded the stock on the heels of the report, but Morgan Stanley remained upbeat on the company's...
Currently wave (C) is underway and its possible target price near $71. I will buy some when price find ground here.
Volume is already tracking higher on the S&P 500 and if the price action remains where it is now around 2150, we'll definitely be looking at a 9th distribution day. To top it off, we will also have a distribution cluster which is 4 or more distribution days over a rolling 10 day period. The indicator below the chart displays the distribution day count over time....
I'll only trade this if the market breaks down and goes weak on the day tomorrow, $AMBA has formed a bear flag so I'll be watching tomorrow if it can breakdown out of it.
AMBARELLA INC (AMBA) Bat pattern execution with a 2.24 B-C projection showing extreme price action. respected the PRZ with a 1pt difference between top end and lower end. would prefer more harmonic numbers in this area however price action in good and has reversed nicely. Fibonacci retracement too shows areas for TP, 0.382 looking like key support area so...
If bullish, may retest resistance near R1 pivot. OBV has formed a local bottom and MACD and RSI confirm bullish price action. Ema50's slope is nearly flat and price has been lingering near it the previous 4 days. However, if surprisingly bearish, then it may have a support retest near S2 pivot. Stalk your entries and obey your rules.
Currently sat on long term support. It looks like the worlds equities markets are set to melt down but is Ambarella going to be one of the few exceptions? We'll find out soon enough.
Near middle of mild bullish channel. Slopes of ema50 and ema200 are nearly flat. Watch $GPRO as well for additional guidance. Still early, might find a better price after earnings. Obey your rules.
We could see some serious movement in the next month or so, maybe mid May. Looks like we may be upon a squeeze, watch for the break through and ride it for what it's worth!