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thetechtrader

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thetechtrader

Re: None

Thursday, 07/07/2016 5:35:29 AM

Thursday, July 07, 2016 5:35:29 AM

Post# of 596
Harry has posted Charts of the Day video on AMBA at TheTechTrader site noting: Ambarella, Inc. (AMBA) jumped 1.60 to 51.03, or 3.24%, on 692,419 shares traded. The reason I put a swing trade on it on Wednesday is because it had multiple waves down, it built a base, broke out of the base, and formed a bull flag. It had a nice reversal day. For me, this could be the beginning of leg three, which could take it to mid-60’s. It has a lot of room to run. Look for a potential move to the 59-60-61 area first, and then the mid-60’s. http://tinyurl.com/jgja6nm
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Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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