I see AMBA trading in an ABC pattern
Earnings are in September/Short is noted to be a bit high for my taste, but we are all different.
I have seen this stock surprise me in the past Weekly candle looks like she may pull back a tad
I also see a long term symmetric triangle and AMBA would need to break 60ish to get out
One thing I do like is this stock is not super far away from it's bottom like many others are.
I am waiting on this one (I just decided..lol)
ABC patterns are my least favorite to trade. It is like the stock usually looks beaten down by the time they hit C. But many times I have been sorry for not taking the trade
Be safe
Earnings are in September/Short is noted to be a bit high for my taste, but we are all different.
I have seen this stock surprise me in the past Weekly candle looks like she may pull back a tad
I also see a long term symmetric triangle and AMBA would need to break 60ish to get out
One thing I do like is this stock is not super far away from it's bottom like many others are.
I am waiting on this one (I just decided..lol)
ABC patterns are my least favorite to trade. It is like the stock usually looks beaten down by the time they hit C. But many times I have been sorry for not taking the trade
Be safe