Scalper1 News
Shares of video-processing chipmaker Ambarella (AMBA) slashed through a key support level on Friday and kept on falling. In afternoon trading, Ambarella was down 8.4% to 50.56 on the stock market today. The fall eliminated all of Ambarella’s gains from the last month. On Jan. 13, it hit an all-time high of 63.20. But on Friday the stock fell below its 50-day moving average. On Thursday, IBD reported that Ambarella was looking for support at its Scalper1 News
Scalper1 News