Ambarella Inc. has a very nice trade setup in the daily chart.
We can enter at market with a tight stop, so I think it's worth it to take this trade.
You could initially book partial profits on a daily high retest to make the trade risk free and aim for the time and price target on chart.
Estimated time of arrival is by December 31st or sooner.
Good luck.
Cheers,
Ivan Labrie.
We can enter at market with a tight stop, so I think it's worth it to take this trade.
You could initially book partial profits on a daily high retest to make the trade risk free and aim for the time and price target on chart.
Estimated time of arrival is by December 31st or sooner.
Good luck.
Cheers,
Ivan Labrie.
Trade closed: stop reached
Note
Might have to wait a bit more.Note
Monitoring for a potential new uptrend signal.Note
Coiling for a major move.
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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.
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.