AMBA watch $70.03-70.44: Proven resistance to Break this time?

13 thg 8

AMBA fell EXACTLY from this resistance per last analysis (see below)
After some shorts and longs we are back to the scene of the crime.
Look for a Break-n-Retest to mark the bottom for this beat up stock.

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Last plot that caught the retrace PERFECTLY:

Hit BOOST and FOLLOW for more such a PRECISE and TIMELY charts.

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4 thg 9

Giao dịch đang hoạt động

Houston: We have IGNITION (yellow shaded area is from posting time).

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Closer look with trade notes:

Initially rejected from our Red zone, could have shorted.
Got a Break-n-Retest Long entry and was waiting for Earnings.
Got a lucky spike on ER report, closed LONGS for 23% gains.
Missed a leg up but got a PING entry SHORT for 6.75% gain.

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What next? Watching the Dual Golden Zone $73.85-76.42.
This should be MAJOR support but bulls MUST hold.
Possible Long entry missed, short if break below.

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