Ambarella Shakes Sell-Off To Reach Profit Zone

By | March 31, 2015

Scalper1 News

Ambarella (AMBA) has reached profit-taking zone less than one month after clearing its consolidation. The GoPro (GPRO) chip supplier may have worried investors last week, when it sank almost all the way back to the buy point in intraday trade as the entire chipmaker group sold off. Other notable stocks in that group that got hit include Apple (AAPL) chip suppliers Avago Technologies (AVGO), Skyworks Solutions (SWKS) and NXP Semiconductors (NXPI). Scalper1 News

Scalper1 News