ANET- Earnings around the corner...
Symmetrical triangle pattern, negative divergence. Everywhere lol. August 2019 they forecasted a rough quarter coming up. Is it rougher than expected?
Expecting a little more upside maybe until Tuesday, depending on when it runs out of gas on stoch, MACD and RSI
Last 2 earnings saw big gaps to the downside.
Decent support at $188.79 if it drops out of the triangle.
Unless we see a breakout of the negative divergence, might be worth a short for earnings. Last 2 earnings saw drops of $20+
Short term, slightly upside for a few more days, then down.
This is not advice. DYOR.
Expecting a little more upside maybe until Tuesday, depending on when it runs out of gas on stoch, MACD and RSI
Last 2 earnings saw big gaps to the downside.
Decent support at $188.79 if it drops out of the triangle.
Unless we see a breakout of the negative divergence, might be worth a short for earnings. Last 2 earnings saw drops of $20+
Short term, slightly upside for a few more days, then down.
This is not advice. DYOR.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.