Ambarella, Inc.
Short
Updated

AMBA - Aug 24 MATrend Sustainable Momentum

43
- Potential Breakout play 1.25Fib below SR line
- Blue sky drop
- Small cap (RUT)
- Have to close EOD as Friday is non Farm payrolls

MATrend Sustainable Momentum (Systematic) 🚀
This is a variant of the Unsustainable strategy. System identifies stocks (Tech sector) that follows the larger market regime's momentum of the day.
Trade closed manually
Closed EOD as tomorrow is Non Farm Payrolls a high impact day

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.