MichaelGLamothe

$AMBA showing support off ascending trendline

NASDAQ:AMBA   Ambarella, Inc.
2
After reporting earnings last week, AMBA ran down to and successfully tested the ascending trend line that served as resistance from 6/9 - 8/12. For now it is continuing to show support at these levels. It will be encouraging to see it close above its 10ema today or within the next day or two.

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