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Short

AMBA Channel - Pull back areas

NASDAQ:AMBA   AMBARELLA INC
7 0 0
AMBA             - After printing new all time highs, has a tendency to re-test the 50 DMA on the daily chart . Also, a channel trader, broke out of the channel and overstretched. The DMI             shows wide divergence and R/R favors a trade to 77-85 pullback zone.
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