MichaelGLamothe

$AMBA showing support off ascending trendline

NASDAQ:AMBA   Ambarella, Inc.
2
After reporting earnings last week, AMBA ran down to and successfully tested the ascending trend line that served as resistance from 6/9 - 8/12. For now it is continuing to show support at these levels. It will be encouraging to see it close above its 10ema today or within the next day or two.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.