Weekend deep dive stock 01
$ANET is pressing its ATH in an ascending triangle. And is in an ascending channel since August 2025.
✅️ What I like
Chart: higher lows since August under a flat lid at 214.89, 3.5% off the high.
Fundamentals: revenue up 38% at a 50% operating margin, and the full-year guide was raised to about $12.6B.
🚨 What worries me
Chart: the last push to 214.89 on Aug 5 reversed to a 197 close. It needs a close over the lid.
Fundamentals: 66x earnings leaves no room for a miss, and it reports around Nov 3.
Trade idea:
Confirm 214.89 · TP1 225.07 · TP2 238.72 · TP3 248.50 · Invalid 198.76
Investment: for a starter position a better buy would be around 190-200 then 180-185
Both charts uploaded here
Not financial advice
#stocks
$ANET is pressing its ATH in an ascending triangle. And is in an ascending channel since August 2025.
✅️ What I like
Chart: higher lows since August under a flat lid at 214.89, 3.5% off the high.
Fundamentals: revenue up 38% at a 50% operating margin, and the full-year guide was raised to about $12.6B.
🚨 What worries me
Chart: the last push to 214.89 on Aug 5 reversed to a 197 close. It needs a close over the lid.
Fundamentals: 66x earnings leaves no room for a miss, and it reports around Nov 3.
Trade idea:
Confirm 214.89 · TP1 225.07 · TP2 238.72 · TP3 248.50 · Invalid 198.76
Investment: for a starter position a better buy would be around 190-200 then 180-185
Both charts uploaded here
Not financial advice
#stocks
