2waytrading
Long

Classic Ascending Triangle (Bullish)

NASDAQ:AMBA   AMBARELLA INC
208 0 1
The pattern typically forms because a supply of shares is available at a certain price, represented by the upper flat line. When the supply depletes, the shares quickly break out from the top trend line and move higher. 24% of the floats are shorted and could give you an explosive more if Sept 4th earning is seen positive. If you are interested in real-time trades or updates try us http://www.2waytrading.com
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