0NU trade ideas
NTNX Breakout? Resistance/support/trend lines - back to 28?Def. recommend selling puts on this one next opportunity:) Note the shakeout manipulation at max pain last Fri. expiration, traded wayyy below 17.5 all day only to break 17.51 10 min before closing even higher!
NTNX- Fallen angel formation long from $18.53 to $22.13 NTNX seems forming a fallen angel formation. It's not ready yet, however if it cross above $18.53 it will be a good buy.
* Trade Criteria *
Date First Found- May 24, 2017
Pattern/Why- Fallen angel formation
Entry Target Criteria- Break of $18.53
Exit Target Criteria- $22.13
Stop Loss Criteria- $16.73
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Bullish Alert On Shares Of $NTNXTwilio Inc (NASDAQ:TWLO) saw an upgrade a week ago and has turned off 52 week lows, heading sharply higher. It just broke the technical resistance level of $30 and will likely head to $40 and above. Nutanix Inc (NASDAQ:NTNX) is in the same sector and still at its 52 week lows. This is the play that smart investors are accumulating. The sector is way oversold with a ton of shorts. With Twilio already running, it is just a matter of time until Nutanix Inc catches a major bid and heads back above $20. I am bullish and long Nutanix Inc stock.
$NTNX Volume Spike, watch if support level at 18, -50% fr IPONutanix Volume Spike for two days, watch if support 18 can hold, it has down -50% since IPO.
NTNX high teens on the horizonCurrently trading at a 4 months low, Nautanix issued a weak Q3 guidance prompting the stock trade in an all time low territory. Fundamentals aside, trading over 10 times more than average volume on Friday and short float at 31%, I'd expect some sort of bounce early next week and would look for an entry around $24 or $25 if it can get up there to play on the short side. I'd expect NTNX to trade at high teens in next few weeks if it continues to trend downwards.
More details here : blog.buysellshortcover.com
NTNX short squeezeabove 60% of the float is sold short. As soon as it's on the go, it may start to rip. would rather buy lower
NTNXThis 30-30.50 area have proven troublesome for this IPO. We are putting in higher lows. Could be shaping up as a decent bottoming pattern
LONG Nutanix1. Long with the market.
2. 25 october - end of the quiet IPO 0.23% period.
3. 61.8 fibo growth.
NTNX hot IPOa good start is having this new IPO, going up from as low as 26 to a high of 46. could be ready for the next move though a pullback in a weak market seems likely
