$ANET reports tomorrow after the bell. Here's the setup:
Revenue expected around $3.33B, up ~44% YoY. EPS expected $1.08. Conference call 4:30 PM ET.
Stock closed $164.14, sitting right on its 200-day MA at $165. Peaked $217.41 on Oct 9, then got clipped 8.3% Friday alone. That's a 24% draw from the high.
The number that matters: AI networking guidance. If they guide strong on data center buildout tied to AI inference/training, this could reclaim $180+ fast. If guidance disappoints or shows any slowdown in hyperscaler capex, $150 is in play.
Technically, 200-day is the line. Hold above $165 on the reaction and you've got a long setup back toward $175-$180. Break below and it's a fade into $155-$150 range support.
Watch the call for any commentary on $NVDA/$AVGO ecosystem spend and lead times. If they're seeing pull-ins or acceleration, that's your signal. If they hedge or push out timelines, that's your exit.
I'm watching for a hold above $165 post-earnings. If it prints and holds, I'm long into $180. If it breaks, I'm out. No middle ground here.
$ANET $NVDA $AVGO $QQQ
Revenue expected around $3.33B, up ~44% YoY. EPS expected $1.08. Conference call 4:30 PM ET.
Stock closed $164.14, sitting right on its 200-day MA at $165. Peaked $217.41 on Oct 9, then got clipped 8.3% Friday alone. That's a 24% draw from the high.
The number that matters: AI networking guidance. If they guide strong on data center buildout tied to AI inference/training, this could reclaim $180+ fast. If guidance disappoints or shows any slowdown in hyperscaler capex, $150 is in play.
Technically, 200-day is the line. Hold above $165 on the reaction and you've got a long setup back toward $175-$180. Break below and it's a fade into $155-$150 range support.
Watch the call for any commentary on $NVDA/$AVGO ecosystem spend and lead times. If they're seeing pull-ins or acceleration, that's your signal. If they hedge or push out timelines, that's your exit.
I'm watching for a hold above $165 post-earnings. If it prints and holds, I'm long into $180. If it breaks, I'm out. No middle ground here.
$ANET $NVDA $AVGO $QQQ