Arista Networks ( NYSE:ANET ), a prominent player in cloud networking solutions, recently reported its fourth-quarter earnings, surpassing profit expectations but issuing a lukewarm forecast for the upcoming quarter. Despite strong revenue growth driven by robust demand from tech giants like Microsoft and Meta Platforms, Arista's ( NYSE:ANET ) shares took a hit...
Analyzing the options chain and the chart patterns of ANET Arista Networks prior to the earnings report this week,
I would consider purchasing the 280usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $18.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ANET is fundamentally looking like a very strong stock
Analysts ratings are a strong buy even at this price
yes this price :)
Currently its earnings are coming soon 12 Feb which could mean a two way movement
At the moment it has broken its own bullish channel and looks like it has room to run more then 300+
stop loss @ 243
Just as the greek word, the chart here looks excellent...There's both a daily and a monthly uptrend signal active, which gives this stock tremendous reward to risk potential long term. I am not a huge fan of the valuation, so I was skeptical to get involved but perhaps I am missing something regarding fundamental catalysts for the stock going forward, perhaps...
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...
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...
SOX has been diverging from SPY last couple of days, which is unusual. SOX had 50/200 EMA xover Friday. SOX is extended, could pull back to prior swing high at 2913 (-3.25%) where there is good support. Watch these tech stocks with earnings coming up next 10 days, all daily charts look bullish (except CSCO, which is debatable). All also have positive point &...
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.
Please always do your own search and analysis before you take any trade. Do not rely on anyone :)
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).
With the Federal Reserve meeting and OpEx next week, this may gap fill and retest...
$ANET sliced through the series of VWAPs highlighted earlier, at the back of 5 consecutive sessions of higher close. also trading outside of its 4 months DTL.
currently just trading beneath the $134 major pivot, its last key resistance level. looking prime for a takeoff.
$ANET display a rare behavior you could find, resilient to months of market weakness frm its previous ER gap up (Q3) in Nov'21.
a siew of recent VWAPs have coincide to resist $ANET at $128 last week. actionable on VWAP breakout
Q4'21 ER YoY
EPS 0.82 (+32%)
Sales 784mil (+15%)
Arista Networks NYSE:ANET is a company that delivers software-defined networking solutions for large datacenter, cloud computing and high-frequency trading environments.
According to IBD is the leader in its industry (Computer-Networking Group). I compared Arista Net to AMEX:IYZ , an ETF concentrated in telecommunications and NYSE:ANET is leading the...