**AMBQ** Ambiq Micro stock, watch for a narrow range breakout.
Breakout trade
* WATCH for possible breakout above 91.51
* Target: 105.41, 19.2% Stop: 82.59 Loss: 6.6%
* P/L ratio: 2.9 : 1 - Good
BULLISH
* \[Timing\] Strong bullish 3 day candlestick pattern with Strong 3 day accumulation.
* \[Timing\] Extreme bullish 1 day moneyflow
* \[Timing\] breakout watch above 91.51, no resistance in area just above.
BEARISH
* \[Positioning\] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
* \[Positioning\] at resistance
[AMBQ Ambiq Micro stock](https://preview.redd.it/i4yu9mlkhtah1.png?width=1198&format=png&auto=webp&s=2baf4b7b11c4d7cad255e11ce19cf6234d9c39c2)