HOLD ANET
0 shares at $143.58 on 2026-05-15
Reasoning
ANET is held through NVDA earnings. Current price $143.66 is 14% below cost basis ($160.44), but Rule 41 stabilization gate explicitly BLOCKS additions: the stock failed to hold $147 for 2+ consecutive sessions and pulled back to $137 today. The stabilization criteria (price hold, institutional upgrade, or 38.2% retracement) are NOT satisfied. Risk notes state no additions permitted under Rule 41. The position remains active (1.40 shares), thesis intact for AI infrastructure, but the 14% drawdown is a macro/rate regime effect, not fundamental deterioration. Hold without adding; do not average down until Rule 41 gate is satisfied.