Ambarella, Inc.Short
AMBARELLA Chart
Hey people, AMBARELLA is in a dynamic fake bearish with a form of marubozu and a low volume of sales made. In TIMEFRAME M1 we see a hammer candle upside down with a large volume of purchase issued, it will turn on its lowest point for a fake test of the bollinger low. AMBARELLA starts from its base for a new test and then comes to the highest of the bollinger with test of the VWAP between a test of the top of the bearish channel. if it fails then the next attempt will be good.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.