ANET watch $66.72-67.41: Proven support but burnt? Bounce or Die

Apr 22

ANET retesting a well proven support zone $66.72-67.41.
It held very well during recent tests, but is weaker now.
Bulls would prove very strong if able to bounce from here.

May 1

Trade active

BOOM and BOOM

(Yellow shaded area is from posting time on)

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Launched EXACLTY from our zone


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17% and 28% TP's hit already

Closed 30% at each TP, letting 40% ride with trailing stop

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Last TP will for a 35% bagger

Golden Covid fib at $91.13 will make a good close.

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May 6

Trade closed: target reached

BABOOM Third Target HIT

May keep going but I have closed 80% of longs.

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Next jump is a sizeable one:

Will take a LOT to get away from our dual Goldens.
Even if it hits next fib, it is likely to come back here.
So I am essentially out for now, will revisit a good dip.

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