AMBA: Time at mode uptrend and retracement entry

Ambarella Inc. has a very nice trade setup in the daily chart.
We can enter at market with a tight stop, so I think it's worth it to take this trade.
You could initially book partial profits on a daily high retest to make the trade risk free and aim for the time and price target on chart.

Estimated time of arrival is by December 31st or sooner.
Good luck.

Cheers,
Ivan Labrie.

Trade closed: stop reached

Comment:

Might have to wait a bit more.

Comment:

Monitoring for a potential new uptrend signal.

Comment:

Coiling for a major move.