Use advanced tools to confirm the Diamond on ANET before you trade.
Indecision. Widening then narrowing range.
Bearish continuation if preceding move was down.
Market participants tracking Arista Networks should note the latest formation. With a last close of $126.68, volatility remains active (1.47%). Price action has carved out a classic Diamond. Volume is average (0.81x avg) with moderate trend strength (12.4). A potential breakout level is identified at $115.42, targeting $89.07 with support near $128.6 (R:R 2.0).
What is your outlook on ANET?