Jun. 9 at 8:51 PM
$ANET — The uptrend remains strong, and the daily chart is now forming a potential inverted Head & Shoulders pattern, a structure that often signals continuation when supported by volume.
Beyond the technicals, ANET continues to be featured in the IBD Big Cap 20 and remains one of the most institutionally owned names in the market. When strong fundamentals, institutional sponsorship, and a healthy trend align, it's worth paying attention.
My plan remains unchanged: continue adding blocks to my core position in the
$120's while staying focused on the long-term thesis.
The market will always create noise. Trends, execution, and conviction are what matter most.