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MichaelGLamothe
Sep 6, 2016 7:54 PM

$AMBA showing support off ascending trendline 

Ambarella, Inc.NASDAQ

Description

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.
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