Shake and bake...?
We'll see if this drop in 
AMBA post earnings turns out to be a shakeout or something more serious. So far it has sliced through both its 10ema and 21ema. It has held the 21ema since 7/6. I think its worth noting that AMBA traded straight down to the prior ascending trend line that served as resistance from 6/9 - 8/12 and then bounced off of it. This line proved to be support on 8/18. We'll see if it holds today.
AMBA post earnings turns out to be a shakeout or something more serious. So far it has sliced through both its 10ema and 21ema. It has held the 21ema since 7/6. I think its worth noting that AMBA traded straight down to the prior ascending trend line that served as resistance from 6/9 - 8/12 and then bounced off of it. This line proved to be support on 8/18. We'll see if it holds today. 
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.