No potential long (for me) until it can break the trendline and flip it to support but one to watch.
Entry: when price clears 178.36 Volume: with daily volume greater than 6.35M Target: 206 area Stop: Depending on your risk tolerance; 169.17 gets you 3/1 Risk/Reward. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
Enter when price clears 171.44 With daily volume greater than 3M Target: 214 area Depending on your risk tolerance: 157.23 gets you 3/1 Risk/Reward but it's over 8%, I would consider a stop below the low of the candle before the break above 171.44, or something near that. This trade idea is not trade advice. This idea is strictly based on my ideas and technical...
Bought the bull flag on ANET / wedge pop Earnings is monday AMC but so I am literally giving it a monday to hopefully move enough to hold a bit . 1.5 R gives me 1/4 carryover, 1R gives me a 1/6 , anything under that is just going to be sold . I have done the math on this and it allows for a 4 R gap down unscathed ... if earnings reaction bad ... In my opinion...
Recent TT's breakout that also has some pretty darn impressive earnings and sales to accompany ... Brought in after-hours ... Market and General Notes Comeback day for market from what many bears probably saw as a short QQQ setup per yesterdays close but 80% rule ( 80 percent odds of failed breakout and range resumption ) . In turn bulls pushed QQQ up and over...
Arista Networks, Inc. broke its key resistance and entered the advance zone on strong earnings growth. It stayed trapped in the price channel ($100-$140) for more than a year due to the downtrend in stock markets. But now with good volumes and steady growth behind it, it's taken a big step. ANET's revenue grew 49% (TTM) and income 61% (TTM) and is expected to...
ANET is resting for a while in its accumulation zone. This cloud-computing company experienced a boom in 2021 when its price doubled. However, by the start of 2022, it has entered accumulation stage after witnessing a brief failed decline. FUNDAMENTALS OF ANET ANET has impressive fundamentals. Its financial results are better in every quarter than its...
I am looking for a pull back to get in. This is my set up at the moment. Entry; $110.47 S/L; $107.55 TP1; $116.31 TP2; $125.07 Please always do your own search and analysis before you take any trade. Do not rely on anyone :)
$ANET been on my list for few weeks now. Been trying to find a good entry but she is messy. Friday inside day is the "best" low risk action in a while. That said, the volume pattern @ the far right of the chart doesn't look optimal. Not sure what i'll do yet but here it is.
1. MONTHLY - nice double top and break of higher low --> now testing higher low 2. WEEKLY - following trendline down 3. DAILY - looks like a megaphone is forming...nice trapping inverse hammer I'm looking for the gap to fill and then dojos or wicks...any weakness under that monthly line before more shortage
The PEAD projected a Bullish outlook for $ANET after a Positive over reaction following its earnings release placing the stock in drift B.
ANET broke all relevant moving averages to speak of. Potential short using the closest relevant moving average as your covering guide.
Wait for a pullback to expected Support zone. Reversal to resistance level 1 & 2. Risk 8%. Reward 24%.
The PEAD projected a Bullish outlook for $ANET after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
Hey folks, happy weekends! Here is another great stock to keep on your watchlist for trading purposes!
I booked my profits on $JNPR pretty much almost at the high of the recent run up (just luck). Will most likely be putting that money into $ANET next week. * Held up much better than $JNPR on the pullback * Putting in mini coil setup * OBV making multiple NHBP
Arista Networks ( NYSE:ANET ) with a head and shoulders pattern and large gap to fill below. Insiders continue to dump shares. In the past two months, they sold $132 million worth - $75 million of this total just in the first 7 days of March (source: OpenInsider). P/E 45.80x With the Federal Reserve meeting and OpEx next week, this may gap fill and retest...