Ambarella, Inc. is a developer of low-power, high-definition and Ultra HD video compression and image processing products which is a major supplier to GPRO as much as the stock is in strongest trend, i am going to short on the red oval area, but i will monitor price
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bingo
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jangseohee
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91.07 or 82.36 for temporary bottom and consolidation
time to get out of the shorts
jangseohee
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going up
powelltrades
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Beautiful call!
jangseohee
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not easy, gotta keep monitoring it ^_^
ChimbOt
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GREAT STUFF
jangseohee
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although it looks like a hindsite, but if the same situation whether up or down re-appears, you will know what to do
GianB
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I can't understand how you drew the top trend line? When I draw it it looks far different, as in the top trend line doesn't exist. However on yours its so clear. I hope you got in this trade because that is one great short.
jangseohee
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first, log-scale the chart
and then draw parallel line aka Channel ^_^
try it
QuantitativeExhaustion
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AMBA has been on my unusual put option volume everyday this week. 400% or more
jangseohee
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well 103 put options bought at 0.225 x100
taking full profits at 0.675 x100
91.07 or 82.36 for temporary bottom and consolidation
time to get out of the shorts