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(DE) Test ema50 support for 3rd time; bottoming process.

Ambarella, Inc. (NASDAQ:AMBA)  
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NASDAQ:AMBA   Ambarella, Inc.
AMBA tradearcher Earnings sideways
4
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amba tradearcher earnings sideways
If bullish, may retest resistance near R1 pivot. OBV has formed a local bottom and MACD and RSI confirm bullish price action. Ema50's slope is nearly flat and price has been lingering near it the previous 4 days.

However, if surprisingly bearish, then it may have a support retest near S2 pivot.

Stalk your entries and obey your rules.

Ideas relacionadas

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(D) If bullish momo continues and 45 remains near term support
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(W) Eager recovery since Feb. and last week's weekly rush.
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