Bearish Bat with bearish divergence Measurements - .886XA - 2.24BC - 1.27AB=CD
ANET Trending With Hull MA Color Green Number None
1. The store still moves within the uptrend channel which starts since 2016 (Bull) 2. Short term the stock shows LH and HL pattern. (Neutral) 3. In a slaughter day, the stock still gets support at its 10-week MA (Bull) 4. Did not close above the Fib 0.382 / 274 (Bear) Conclusion 1. The market is waiting for the ER report. 2. If the report is good (High...
The Bull is still stronger than the bear. They should tried to attack the 274 point.
Watching to see if this bounces against resistance again or if it breaks. Watching this stock
Break of 202.50 might have room to run. Looks like the shorts failed with the long tail on Friday.
Possible Earnings Play. Insider selling as well as a break down with possible H&S. Reports after market Thursday August 3rd. * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- Possible H&S, Option play on earnings Entry Target Criteria- Would look at $145 September Puts - Currently 10.10 Please check back for Trade updates. (Note: Trade update...
looking for this to continue higher. Stops under support