$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 building a nice base. Love to see this one pause next week. In the same Computer Networking group as $JNPR (you know I am already in that one). Note the blue skyscraper volume markers on weekly. Ya, they are buying this.
Journal Entry Bias: Positive. Sentiment: Optimistic. Emoji (emotion): Brave🗽 Null Hypothesis: Buy. Alternative Hypothesis: Sell. Signals: .. Position: Short term swing trade. Notes: I'm anticipating an earnings surprise. Other: .. Disclaimer: My journal entry is not a complete prospectus, please consider it accordingly. About the Author: I strive to...
$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%)
inside uptrend channel based on fibo next pt with ath it seems found support ready for next wave long disclaimer
holding above resistance trend line, relatively higher volume Stops $129 Target 20% Not financial advice. Please use proper risk management.
ANET making New All Time Highs Weekly printing a big bullish candle same as last week Very strong momentum
On the right we have an example of the Adam Grimes 3 drive into a correction.
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...
I didnt post the NVDA chart even tho its even SEXIER than ANET imo.... ANET with a nice strong support line in the 1 and 4hr, 1day charts coming to the wedge...breakout eminent 🚀
Long term high 331.27 and I would guess there will be resistance there and at prior high of 326.60 as well. Support at mid cup (MC) and handle low. Possible support at lower shadow of the long legged doji (LL) Earnings yesterday and must have been received well. Targets calculated using cup depth and multiplied by fib levels. As of late I have been staying...
Bullish 1.13 AB=CD was found on 6 Apr 2021 00:00 UTC+8 with Point D is USD 295.68 @ -6.3%. Resistance : USD 326.12 @ +10.61 @ 3.36% Support : USD 308.53 @ -6.98 @ -2.21% Risk/Reward Ratio : 1.52
Positive indicators: MACD Stocahastic ATR Potential for IHS No large bets on calls in near future or far future
Always trade at your own risk and do your own Due Diligence. This is just an informative purpose only and not an investment/trading idea