Jul. 9 at 8:15 PM
$ANET
Arista Networks (ANET) - Weekly Chart (*)
ANET's weekly structure remains constructive following a successful breakout from a long-term ascending triangle, subsequent defense of key support, and recent reclaim of both the
$160 and
$172 -
$176 resistance zones. Momentum remains bullish, with RSI holding above 50 throughout the correction and now re-accelerating as the faster momentum measure crosses above its trend component. The technical evidence currently supports a bullish continuation bias, with the
$154 -
$160 area below representing the most important support zone underpinning the current advance. (Not a recommendation to buy/sell)
(*) Final 7/6/26 weekly print TBD)
