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 first-quarter earnings. The company reported earnings of 4 cents per share excluding some items on revenue of $54.6 million, while FactSet analysts expected a loss of 1 cent per share on revenue of $54.3 million.
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 first-quarter earnings. The company reported earnings of 4 cents per share excluding some items on revenue of $54.6 million, while FactSet analysts expected a loss of 1 cent per share on revenue of $54.3 million.