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Reallifetrading
May 16, 2016 3:41 PM

AMBA at a support?  

Ambarella, Inc.NASDAQ

Description

Really good support. Tried it once a while back for a long term "buy and hold" "buy low, sell high accumulation trade" and it simply didn't work.
It's back down at a really good support.... R:R is nice
Comments
HermanBrummer
I suggest you map out the key earning levels, There is a fantastic chatroom on TV called Key Earning Levels, check it out
Reallifetrading
I agree. Earnings gaps are very crucial. I'll post my 'key' levels on AMBA, likely this afternoon.. : ) You rock! Thanks for the comment and your continuous pursuit in helping others learn. :)
Reallifetrading
For those in bullish, based on this analysis (which many are) For those in shares or Long term LEAP on AMBA one could consider possible collar. Enter protective put with a price trigger.
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