Long AMBA....setting up in the next couple of days with Gpro
AMBA has been a great charting stock. When it breaks channels and flags it explodes up. Normally I would think it would test it its lower trend line one last time but it is possible with gpro earnings that it rally before that. The short term stoch is yet to be over sold.
Thus we could have a perfect set up with a lower trend line and stoch oversold x mark the spot coming up. I have a set up for this trade nearing that trend line and bouncing out of the flag
Thus we could have a perfect set up with a lower trend line and stoch oversold x mark the spot coming up. I have a set up for this trade nearing that trend line and bouncing out of the flag
Kris "Maddog" Kagan -
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