ANET: Ascending Triangle, Not confirmed (35,79%)(2/1000)

(2/1000)
Ascending Triangle for ANET. Not Confirmed yet.

Pros:
1- Bullish Ascending triangle
2- Descending volume during formation of the triangle (last half)
3- PPS above 50MA and 200MA
4- RS above 0 and ascending
5- R/R ratio above 5
6- 250RSI above 50 and ascending
7- 50MA above 200MA
8- 50 MA flat but 200MA ascending.

Cons:

1- ATR is descending/flat, less volatile
2- Triangle not confirmed yet

Target price is 232,05$.

Again, stay humble, have fun, make money!

MAAX!