Since our last analysis on ANE,T there has been some selling but the major support level has held. We love the stock but we were and remain to be worried about the indicators signalling further selling. Earnings are today so we will play it long depending on the market sentiment, if support breaks today we will possible wait to long after earnings for a chance of...
Stalling Wedge... I think the best they can do at this time... But my puts are now > 60%. If ANET doesn't go down abruptly next week, this will be a total loss. Cost of doing business, for the homies... Should have got the bear call spreads insteed. But fck it.
An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.