Reallifetrading

AMBA - "don't be that guy"

Short
NASDAQ:AMBA   Ambarella, Inc.
Who would buy here???
Don't chase the bullish trend. If you are not in don't be "the guy" who buys at the very top (like I did on SLV many years ago. I bought as HIGH AS SLV has ever printed thus far.)
Therefore, "don't be that guy/girl"

I'm not trying to pick the top YET. I am just not buying. If a gap down or something happens where it's scaring people, I'll be a tad more bearish (very short term) . IF you want to be bullish, buy the bounce. AKA buy low, sell high.
Comment:
Savage.

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