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

13 Ağu

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 Eyl

İşlem aktif

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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