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Reallifetrading
Jun 18, 2015 1:01 PM

AMBA - "don't be that guy" Short

Ambarella, Inc.NASDAQ

Description

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.
Comments
rolerkoester1
looks like a nice parabolic wave 5 :)
Reallifetrading
@rolerkoester1, INDEED!
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