Fundamentals:
Interesting article
https://www.investing.com/analysis/why-nutanix-ntnx-could-be-positioned-for-a-surge-200214879
Especially this graph:
https://d1-invdn-com.akamaized.net/pic2077f47d3261e370384537e423760a91.jpg
Technicals:
Impulsive break of 23$ with steady volume picking up, dips will be very good supported. There is a great chance that we will see another leg higher into 30$ for a gap fill.
There is a big chance that this correction is over, and the next leg has started my stop will be around 21$.
All the best..
Interesting article
https://www.investing.com/analysis/why-nutanix-ntnx-could-be-positioned-for-a-surge-200214879
Especially this graph:
https://d1-invdn-com.akamaized.net/pic2077f47d3261e370384537e423760a91.jpg
Technicals:
Impulsive break of 23$ with steady volume picking up, dips will be very good supported. There is a great chance that we will see another leg higher into 30$ for a gap fill.
There is a big chance that this correction is over, and the next leg has started my stop will be around 21$.
All the best..
Trade active:
Entered as shown on the chart :)
Comment:
Still bullish... nice cup and handle formation.
Comment:
It broke out, don't close early, just enjoy the ride and profits.
Comment:
Moving stops to breakeven. I want the 30$ target and we are close to it! Today +6%.
Trade closed: target reached:
30$ target.
