[Weekly] $AMBA #Ambarella is attractive.NASDAQ:AMBA #Ambarella
is currently testing a significant level. The lower wedge of a 10 years old extended channel . This is the 6th time the band is being tested. Even though testing a wedge several times weakens it. However, below it is almost a technical free fall zone to the 11: 12$ mark.
Keep it simple.
#AHMEDMESBAH
Ambarella
AMBA Ambarella Options Ahead of EarningsIf you haven`t bought AMBA here:
Then analyzing the options chain and the chart patterns of AMBA Ambarella prior to the earnings report this week,
I would consider purchasing the 66usd strike price Puts with
an expiration date of 2023-9-1,
for a premium of approximately $1.97.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
AMBA Ambarella, Inc. Options Ahead Of EarningsLooking at the AMBA Ambarella, Inc. options chain ahead of earnings , i would buy the $80 strike price Calls with
2023-1-20 expiration date for about
$5.40 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Ambarella! Andale, Andale! AMBAWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
AMBA - Ambarella, Inc.Semiconductor solutions and design company with accelerating EPS and the sales to support growth.
Breakout of very long term base going back to 2015 after earnings report in August. Showing very good volume characteristics. Relative strength breaking out to new highs with stock taking out its pivot point.
100bps initial risk, willing to add if it begins to move higher.
$AMBA Ambarella Long to 130 Q1, RED ALERT LONG TERM VALUE GODLY- Computer Vision technologies (hot) and used in EV and robotics
- Partnership with Amazon for AI-powered cameras for EVs
- AI/CV chip sector (next big thing IMO)
- Whopping 77.5% Institutional ownership
- 60 Hedge Funds
- 200 Funds... Top ones being Blackrock, Vanguard and RENAISSANCE TECHNOLOGIES!
- Mcap 4Bn... Will be 100Bn at the least
- Extremely undervalued
- 33M float... very low
- I will be holding this long term along with PLTR, PSTG and SQ.
I see some pinning mischief in the short term by the MM and can see this correct a bit. Understandable, as this is incredible technology. More time to accumulate.
Do yourself a favor... throw this in the savings account along with Palantir, Pure Storage and Square. I also think Xperi is very good.
Long-term PT: $1000-$2000 (Pre-split)
US Stock In Play: $AMBA (Ambarella Inc)$AMBA have successfully broken out of the Bullish Ascending Triangle chart pattern highlighted last week, closing the session with an intraday rally of +8.86% at $108.19.
ATR-14 of $AMBA is currently at $5.42/day, a further 30% volatility increment since last week. This price volatility was last witnessed in 2015, where $AMBA did a parabolic run of 71.08% gain in 3 weeks before peaking at $128.
US Stock In Play: $AMBA (Ambarella Inc)$AMBA is currently undergoing a consolidation, morphing out a Bullish Ascending Triangle chart pattern with price remains resisted at $96 range over the past 5 weeks. It has previously broken out of a short term consolidated Bullish Flag chart pattern on 2nd December 2020, rallying from $80 to $95, a quick 20% increment in its absolute share price in just 3 trading days.
This morning's gain of +4.28% sees $AMBA closing at $95.25. With $AMBA currently trading at a daily average volatility of $3.96 The breakout of the aforementioned $96 resistance only require 20% of its daily average true range to be exhibited this week. $AMBA last traded $96 in August 2015.
Ambarella Technical Analysis - AMBABased on the below fundamental, the idea is to go long. Technical Analysis does not give any significant signal of buying/selling.
The idea, based on Technical Analysis, is to wait to see if there will start a retracement price soon before buying.
Ambarella — The semiconductor company’s stock tumbled 4% in extended trading after Ambarella provided its first-quarter earnings. The company reported earnings of 4 cents per share excluding some items on revenue of $54.6 million, while FactSet analysts expected a loss of 1 cent per share on revenue of $54.3 million.
AMBA breaking out from 3 year baseNot too long ago AMBA was a Wall Street darling until Citron sniped them (one of their few good short calls). After three years of price action purgatory, AMBA looks ready to rock again. I"ll be watching for some red-to-green price action for an entry. I'd like a retest of the previous highs (~$65) but it doesn't look like it wants to get there.
AMBA Pharmaceuticals AMBA can be seen to be displaying many chart patterns including, channels both ascending and descending, ALOT of Horn Tops, a rounded bottom, and an Adam & Adam double bottom. Recently a downward trend break can be seen, forming a new upward trend. This may lead to new upsides. Potential long opportunity.
Ambarella (The Worst is Over?)Ambarella used to be the darling few years ago.
So, is the worst over now?
Do your own Fundamental research.
But the charts are telling us that it is prime for a move to the upside and begins a new bull market rally.
But there are plenty of resistance and things will be more clear after breaking up the all time high.
Can Ambarella breaks that and go higher? It all depends on Fundamentals.
That's why I used technical and fundamental in my analysis.
Ambarella is a small cap stock, so the risk reward ratio is high here.
AMBARELLA INC, Daily chart - ShortAMBARELLA INC (AMBA) Bat pattern execution with a 2.24 B-C projection showing extreme price action. respected the PRZ with a 1pt difference between top end and lower end. would prefer more harmonic numbers in this area however price action in good and has reversed nicely.
Fibonacci retracement too shows areas for TP, 0.382 looking like key support area so looking there first
Any Criticisms and comments?