Description
⋅ Ambarella used to be the darling few years ago.
So, is the worst over now?
Do your own Fundamental research.
But the charts are telling us that it is prime for a move to the upside and begins a new bull market rally.
But there are plenty of resistance and things will be more clear after breaking up the all time high.
Can Ambarella breaks that and go higher? It all depends on Fundamentals.
That's why I used technical and fundamental in my analysis.
Ambarella is a small cap stock, so the risk reward ratio is high here.