AMBQ: Sellers Are Tired, Buyers Are Not Here, Yet!Ambiq Micro, Inc.BATS:AMBQAlexDelierreI am watching AMBQ here at 57.80. The chart is not pretty right now. Price sits under every EMA on the 4h. The 20 is at 63, the 50 at 66.9, the 100 at 68.5. The 200 was support at 63 and it just broke. But something is building at the lows Price tested 56 twice this month. Today it dipped slightly below the August low and bounced. RSI made a higher low on both tests. That is a bullish divergence. It tells me sellers are getting tired, not that buyers have taken over. Big difference. The fundamentals do not match the chart. Q2 revenue grew 90 percent to 33.9 million. Gross margin hit 47 percent. The company has 367 million in cash and zero debt. Full year guidance went up to 135 million. Analyst consensus sits at 85 dollars, roughly 48 percent above the current price. My plan is simple. 56 is the line. If it holds, first target is 63 where the EMA20 and EMA200 meet. Real confirmation only comes above 67. That is the neckline. A clean break there gives a measured move to 77.50. A 4h close under 55.50 kills the setup. Next stop 52.50.