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UnknownUnicorn1043646
Feb 4, 2021 3:10 AM

$AMBA Ambarella Long to 130 Q1, RED ALERT LONG TERM VALUE GODLY Long

Ambarella, Inc.NASDAQ

Description

- Computer Vision technologies (hot) and used in EV and robotics
- Partnership with Amazon for AI-powered cameras for EVs
- AI/CV chip sector (next big thing IMO)
- Whopping 77.5% Institutional ownership
- 60 Hedge Funds
- 200 Funds... Top ones being Blackrock, Vanguard and RENAISSANCE TECHNOLOGIES!
- Mcap 4Bn... Will be 100Bn at the least
- Extremely undervalued
- 33M float... very low
- I will be holding this long term along with PLTR, PSTG and SQ.

I see some pinning mischief in the short term by the MM and can see this correct a bit. Understandable, as this is incredible technology. More time to accumulate.

Do yourself a favor... throw this in the savings account along with Palantir, Pure Storage and Square. I also think Xperi is very good.

Long-term PT: $1000-$2000 (Pre-split)

Trade closed: target reached

Successfully reached PT1. One of my favorites for Long term.
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