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apaqu
Oct 21, 2021 4:53 PM

AMBA - Ambarella, Inc. Long

Ambarella, Inc.NASDAQ

Description

Semiconductor solutions and design company with accelerating EPS and the sales to support growth.

Breakout of very long term base going back to 2015 after earnings report in August. Showing very good volume characteristics. Relative strength breaking out to new highs with stock taking out its pivot point.

100bps initial risk, willing to add if it begins to move higher.
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