US Stock In Play: $AMBA (Ambarella Inc)
AMBA have successfully broken out of the Bullish Ascending Triangle chart pattern highlighted last week, closing the session with an intraday rally of +8.86% at $108.19.ATR-14 of
AMBA is currently at 55.42/DAY, a further 30% volatility increment since last week. This price volatility was last witnessed in 2015, where AMBA did a parabolic run of 71.08% gain in 3 weeks before peaking at $128.
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