Arista Networks, Inc.
Aktualisiert

ANET watch $66.72-67.41: Proven support but burnt? Bounce or Die

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ANET retesting a well proven support zone $66.72-67.41.
It held very well during recent tests, but is weaker now.
Bulls would prove very strong if able to bounce from here.

Trade ist aktiv
BOOM and BOOM
Snapshot
(Yellow shaded area is from posting time on)

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Launched EXACLTY from our zone
Snapshot

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17% and 28% TP's hit already
Snapshot
Closed 30% at each TP, letting 40% ride with trailing stop

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Last TP will for a 35% bagger
Snapshot
Golden Covid fib at $91.13 will make a good close.

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Trade geschlossen: Ziel wurde erreicht
BABOOM Third Target HIT
Snapshot
May keep going but I have closed 80% of longs.

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Next jump is a sizeable one:
Snapshot
Will take a LOT to get away from our dual Goldens.
Even if it hits next fib, it is likely to come back here.
So I am essentially out for now, will revisit a good dip.

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Anmerkung
Follow up to the Snapshot above:
Snapshot
As mentioned, we hit the next fib but came back to Golden Covid.
Did not get a clean bounce on the dashed Covid fib so no entry..
May consolidate between the two Goldens at $91.13 and 86.33

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