$ANET - RC -
Added 2024-01-13 21:01:42 +0000 UTCA few requests to go through today and generally all are quite good and attractive but working their way through the final stages of their Wave count, with some approaching Wave 4 and others in Wave 5, like the market. $ANET is approaching the 1.618 Fib level now, so we expect this to reject around here for Wave 3....notice the distance between the price action and the 50 and 200 Day MA's....there is considerable breath here so this would also indicate that a pull back is due.
Wave 4 pulling back to the 0.38 Fib at $196 would be ideal to add to catch Wave 5 afterwards.
