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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The Inverse Head and Shoulders pattern on $AMBA is still intact. Price is also trading within a rising channel. Watch for a bounce to the upside.
Initial Targets: $106 | $111
$AMBA is very close to completing and inverse head and shoulders pattern. Price is currently trading at a significant structure support. Watch for a bounce to the neckline.
Earnings are over.
Possible stop under support level or C but is a bit too far a way for some.
There may be a resistance zone not far above price.
No recommendation
Price would need to break neckline in a confirmed downtrend.
Targets 2 39 to 23
No recommendation.
If price breaks the neckline, in an uptrend, this pattern would have failed as the neckline is now resistance. Bull markets and head and shoulders patterns do not co-exist well, so be safe.
Head and Shoulders with an extra shoulder. Head and shoulder or ugly tops do not do well in a bull market. Some will get to the neckline and the support of the neckline holds. Some may pierce the neckline but do not fall far. Inverse H&S do well in a bull market. The opposite is true in a bear market.
I would just be safe if I were to go long on AMBA. ...
- 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...
Hey people, AMBARELLA is in a dynamic fake bearish with a form of marubozu and a low volume of sales made. In TIMEFRAME M1 we see a hammer candle upside down with a large volume of purchase issued, it will turn on its lowest point for a fake test of the bollinger low. AMBARELLA starts from its base for a new test and then comes to the highest of the bollinger with...
I have been sharing this indication from a while ago. Been in it's tough days and held through, took some profits as it breaks new high.
This chart is like a no-brainer trade as it break the previous S&R levels. I dunno if it will keep breaking, but something must have to break this level in order to get higher. If it breaks again and retests my mark, I will...
$AMBA have successfully broken out of the Bullish Ascending Triangle chart pattern highlighted last week, closing the session with an intraday rally of +8.86% at $108.19.
ATR-14 of $AMBA is currently at $5.42/day, a further 30% volatility increment since last week. This price volatility was last witnessed in 2015, where $AMBA did a parabolic run of 71.08% gain in...
$AMBA is currently undergoing a consolidation, morphing out a Bullish Ascending Triangle chart pattern with price remains resisted at $96 range over the past 5 weeks. It has previously broken out of a short term consolidated Bullish Flag chart pattern on 2nd December 2020, rallying from $80 to $95, a quick 20% increment in its absolute share price in just 3...
Ambarella, Inc. engages in the development and sale of video compression, image processing, and computer vision solutions. It offers processors and software that cater to end markets including security cameras, automotive cameras, industrial and robotic applications, and consumer applications. The company was founded by Feng Ming Wang and Leslie D. Kohn on January 15, 2004 and is headquartered in Santa Clara, CA.
NASDAQ
![AMBA: $AMBA | Inverse Head and Shoulders Pattern [Update 1]](https://s3.tradingview.com/b/bX3qJ6yF_mid.png "$AMBA | Inverse Head and Shoulders Pattern [Update 1]")
