Ambarella, Inc.Long
AMBA: Earning play at your own risk. High reward play.
They have gotten away from consumer electronic and involved in computer vision market. This is what everyone is getting into looks like. All the self driving cars need this tech. Future is bright. Key things to remember is that they still have tons of shorts and the expectancy is low for this qtr. Slight better numbers or guidance will send this 10% higher.
I will be waiting for this this to come down to 39.75 or so on Monday and open some LOTTO calls. Prices marked. If this goes past 43.xx strongly then hits 44.xx
gl
I will be waiting for this this to come down to 39.75 or so on Monday and open some LOTTO calls. Prices marked. If this goes past 43.xx strongly then hits 44.xx
gl
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