Possible gap fill trade opportunity as earnings approach.
Gap open $26.35 with gap close @$32.
Nutanix, Inc. engages in the provision of enterprise virtualization and storage solutions. It specializes in cloud operating system that converges traditional silos of server, virtualization, storage, and networking into one integrated solution and unifies private and...
Nutanix Inc (NTNX - US) is moving down in ABC zigzag down wave pattern. B wave is complex flat pattern. C wave is already started moving down, but wait for clear 5th wave down sequence as wave 1st of C & its pull back to get entry.
Nutanix Inc. shares were up more than 5% in after-hours trading Tuesday after the company topped expectations with its preliminary results for the fiscal third quarter that ended in April. The company expects fiscal third-quarter revenue of $312 million to $317 million, up from $288 million in the year-earlier quarter. Analysts surveyed by FactSet were modeling...
NTNX has formed a triangle for about a month or so and it has just recently begun breaking out of it. MACD and RSI look promising even though they aren't giving any signals. Volume looks pretty good. Other analysts (according to MarketWatch) are also agreeing that this stock is a buy.
My prediction is that it will rise to hit 50 EMA, retrace a little, and...
Notable Trend-line break
Alert set for possible long entry on a break above $37.42
Earnings approach and 7.5 % short interest could start to cover.
Company Profile
Nutanix, Inc. engages in the provision of enterprise virtualization and storage solutions. It specializes in cloud operating system that converges traditional silos of server, virtualization,...
12/Feb/2020 10:54 AM AUTHOR: Brandon Gum
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Idea here is a breakout play with a headwind being earnings in 14 days. Im not sure what to expect the price action to do ahead of ER.
No position.
Has a chance to run a lot higher than target
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NTNX - Golden Cross (50 SMA crosses above 200 SMA), MACD crossing up , Cloud sector stock showing bullish signals and could hit $37.5 for form a cup. NOW also golden cross. US-China Phase 1 trade signing is is Jan 15th, so be cautious with risk size. Feb 21 $35 calls would be good option. Sorry, I havent published in awhile...
