AMBARELLA INC - ORDINARY SHARES

AMBA

eyes on earnings next week there is a good chance for some long and short trades here. price has dropped pre earnings and bounced nicely off the 61.8% retracement and trading above its moving averages. a positive earnings report and we could enter long trades with targets around ab=cd, bat completetion where we can look for short.

AMBA BULLISH

Has been holding 60 pretty well so far.

Still long , low volume selloff. This goes higher if markets support , which they will.

Go Long, any correction is a buying opportunity.

Awesome setup! If markets continue to support 65 is easy

if company can get act together. Retest of 75 me thinking now

Looks to break north so watch for direction

62-63 should get retested

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We have classic bearish 5 waves pattern with an ending diagonal trangle in wave 5. An ending diagonal is a special type of pattern that occurs at times when the preceding move has gone too far too fast. In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement.

AMBA is oversold, and buy it around $44 for short-term bounce.

Momentum picking up here...on way to low 70's.

I'll probably buy it if there is any dip next week. Hard stop at 54

DB on hourly chart.

ER on 12/1

NASDAQ:AMBA