Matthew, great analysis. Hope your move went well.
I too am regaining interest in ANET. Bought in a few days ago at the same price.
Technically the (once accurate) 5,3,3 Stochs hve dipped slightly below the 20 line. Let's face it the chart looks weak, we're at the key point near term.
If it doesn't hold, I'm in a quandary as well, not concerning selling but I'd like to buy more also. As protection I'm spread evenly across several stocks. One or two may be close to rotating to the sell stage.
My general feel is that if we hold here, we might get a short term pop above the narrowing Bollingers, maybe test 19 1/4 or so.
Longer term this is all probably academic, I still like this stock.
Good luck,
Stan |
