Arista Networks - Buy Opportunities - Short term

As stated in previous publications on Tradingview, we have recently decided, as a complimentary thing, to publicly share some of the analyses on equities we have done and are currently following for our private clients.
A bit late on schedule, Arista Networks, which is currently trading at 286.62 per share, broke out of it's daily correction which came into the shape of a flag type corrective structure and is heading up to retest previous tops. Whether it is the resuming of the uptrend or the completion of a bigger correction it is impossible to know, at the moment. What is certain, however, is that the price will reach the 310 - 320 level, making it a nice long opportunity, although short term. For buy and long traders who decide to enter this stock now be aware that you are positioning your trade very lat in regards to the triangle break. We therefore recommend to put all positions in break even when price reaches the 300 area, and see how it goes. If it's impulsive and carries on, keep long positions. If, instead, the price starts retracing to complete a bigger correction, your positions will automatically close in break even and we will follow the correction for later trades with a more efficient risk to reward ratio.

If you feel that our analyses and views may be a useful complement to your trading strategies and in order to be notified in real time with our updates on the lower timeframes, please remember to click on the Follow button.
Remember that you can double check the bigger structures that are at play are on the weekly and daily time frames also by scrolling around the charts in the lower 4hr and 60min timeframes (right and left, up and down).
Trade with care and only with a backtested strategy that has proven to work in relation to your invested capital, risk appetite and potential small losses you might incur in before profiting from a good trade.

Thank you for viewing.