ANET breakout from channel. Watch for the fibs for the levels.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
A1NE34 trade ideas
Cup and HandleANET is over long entry level which is prior yearly high..support noted at long entry level and below handle low
Be aware of gap below price..There is support there though
Mid cup also provides support..230.10
Cup low is 192.96
Not a recommendation
$ANET can rise in the next daysContextual immersion trading strategy idea.
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $228,25;
stop-loss — $219,70.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Artista breakout long Nice break of double resistance and downtrend line. Big gap 259.30 to be filled
ANET is good demand zone wekly /Daily 214.3-204ANET is good demand zone wekly /Daily 214.3-204
cmp 213.26 14 Aug 2020 price is within the zone
Pro:
1. coinciding level weekly & daily
2.Origin of the long rally
Con:
1.SPY is at the all time high level, so it may reverse anytime soon. So , be cautious in long call
Cup and HandleEarnings are 8-5
Short percent a bit higher than I like..but today the market feeels like it is caving in..but tomorrow is another day
stop under 223
Not a recommendation
I know they say you should buy when the market is down. This stock is up today. I do not know about most folks but for me it sure is hard to buy when it is storming outside. I am trying to get better and buy on down days such as today....and to buy stocks only when they are red, and not green that day
Does anyone else have this problem? LOL I read some guy's chart/post today and he was ranting about a W bottom and that the VIX is going sky high! The vix is up a couple of bucks but I am hoping that it is not another crash! And not every stock is off the bottom yet. I have been looking there more and more as of late..and at utilities as well
Good luck.
ANET Arista Networks - reversed head and shouldersIf it breaks the neckline and holds above (outbreak getting confirmed), possible run to the old ATH.
Looks like a solid chance right now.
Keep in mind that's only my opinion and no financial advice, do your own research and analysis!
$ANET Arista Networks approaching Downtrend
Long tern channel well respected , price is currently in local golden pocket resistance.
Alert set for $214
Upside target $222 / $242
ANET - Pay AttentionAll, I think alerts should be set on this one this could be a trend reversal with all the support below if not possible drop to 190's or mid 180's then to bounce back up and break that line. I do see a possibly trend reversal coming up here in next week or two. Set some alerts to break below 183ish or break above 216-217 area. I would be very careful trying to buy put options here seeing as some of these supports are big ones.
Patience on this stock and I think you could get some big returns if the call option is placed correctly.
