Use advanced tools to confirm the Bullish Flag on ANET before you trade.
Bullish continuation if preceding move was up.
Indecision. Widening then narrowing range.
Reversal pattern. Price likely to break downwards.
A clear signal has emerged for Arista Networks (ANET) on the daily chart. Price has moved to $173.99 (-1.48%) amidst recent volatility. Price action has carved out a classic Diamond. This setup is supported by average volume turnover. A potential breakout level is identified at $189.82, targeting $229.35 with support near $170.05 (R:R 2.0).
What is your outlook on ANET?