Arista Into EarningsANET is still suffering from the NVDA sell off (I would argue completely irrational panic). It's currently ranging right in the middle of major support and major resistance. So it's tricky because we're so far above support, but also lots of room to recover losses. My bet into earnings is Arista breaks above resistance at $141. Arista is trading just under 20X revenue and they have amazing profit margins and sustained growth. The broader Nasdaq Computer Index IXCO is very close to breaking out of this long range it's been so it seems like a fair bet that ANET jumps to the upside along with everything else.
Good Luck!
