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NTNX

NTNX Nutanix Options Ahead of EarningsIf you haven`t bought NTNX here: Then analyzing the options chain and the chart patterns of NTNX Nutanix prior to the earnings report this week, I would consider purchasing the 30usd strike price at the money Calls with an expiration date of 2024-1-19, for a premium of approximately $4.00. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:NTNXLong
by TopgOptions
$NTNX is on BUY point?!The prices of $NTNX dropped by around 15% on 25 Feb after it was up more than 5% after Earnings report. Fundamental analysis: NTNX reported a 2nd Quarter January 2021 loss of $0.35 per share on revenue of $346.4 million. The consensus estimate was a loss of $0.48 per share on revenue of $329.1 million. Technical analysis: We can see the Uptrend before 15% drop. $30 acted as strong support as it was marked on the graph. Overall analysis: As the share price couldn't break the $30 area and it got rejected. From Fundamental point of view the company, the earnings results became with narrower loss and beat the estimates. Company profile: Nutanix, Inc. develops and provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company offers Acropolis, an enterprise cloud platform that converges virtualization, enterprise storage services, and networking services; Nutanix Prism, a consumer-grade control plane, which provides management and analytics; and Acropolis Hypervisor, an enterprise-grade virtualization solution.
NASDAQ:NTNXLong
by Trading_with_Shakhboz
2
NTNX, Broadening Wedge Ascending (bullish pattern)I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 78% TARGET (EXIT) PRICE = 25.29 USD BREAKOUT (ENTRY) PRICE = 23.33 USD DISTANCE TO TARGET PRICE = 3.37% EMERGED ON = Oct 09, closing price CONFIRMED ON = Oct 12, closing price WITH CONFIDENCE LEVEL = 71% Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the upward breakout price/entry point. To identify an exit, compute the target price for this formation by adding the height of the pattern to the upward breakout level. Pattern height is the difference between the breakout price (the highest high within the pattern) and the highest low. To limit potential loss when the price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price. The Broadening Wedge Ascending pattern forms when the price of a security progressively makes higher highs (1, 3) and higher lows (2, 4), following two widening trend lines. This pattern may form when large investors spread their buying over a period of time. The theory goes that after initial buying occurs, other market participants react to the rising price and jump on the bandwagon to participate. Then value investors begin to sell, believing the price has risen too much, which spurs the original large investor to resume buying again. Once these activities stop, the price may break out in either direction.
NASDAQ:NTNXLong
by AlTorress
$NTNX - 35 Acting as major support.The combination of chart technicals, business model, macro tech trend, partnerships, competitive positioning, etc. is starting to develop a strong bullish case for Nutanix. I understand that it previously had a bearish gap down on big volume after an earnings announcement and traded below $35 for a short period of time. After that it rallied back above the $35 dollar price area and is now starting to retrace about 50% of the recent earnings gap down. Based on these technical chart indications, I feel that the market's price discovery mechanism is suggesting that there is willingness to accumulate here. Beyond the technicals, you have the recent announcement of a partnership with Hewlett Packard Enterprise ($HPE) which is a world class technology organization. I believe this formation of an alliance should create value-add synergies that will further escalate Nutanix's leadership position. Speaking of leadership positioning, Gartner also recently released their report/analysis on the hyperconverged infrastructure marketplace. This report allows us to have a strong visual on the marketplace competitors and their ability to execute and demonstrate vision. Acting as confirmation, this report shows Nutanix being the clear leader which ultimately reinforces my longer term bullish thesis for this security. As always guys, this is not a recommendation to buy or sell! Just my opinion on where I believe this security will travel to next. :P stocktwits.com www.youtube.com
NASDAQ:NTNXLong
by finvizclub
$NTNX Looks a bit interesting hereLast Friday (2.28.2019), $NTNX had a major gap-down making it a 40% decline YTD. From a fundamental investor perspective this looks quite attractive as it is down more than 20% on the year. However, from a technical trading perspective I think this security may see continuation to the downside in the coming trading days as it has gapped down on high volume and blown through prior support/resistance (support that was prior resistance and dated back to early IPO days). As a hyperconverged data-center and enterprise solution provider at around $6B in market cap, I believe this security has a bright future (in several years and assuming global macro conditions sustains itself). Until then the short to mid term trading, i.e. days to weeks, looks to perform quite poorly. I would be eyeing this security at the 30s, but if it decides to hover above 35 then I think there is room for a quick retracement to the upside here. youtu.be Preferred Trading Tools I Leverage: • Finviz: finviz.com • GuruFocus: goo.gl
NASDAQ:NTNX
by finvizclub
THE WEEK AHEAD: NKE EARNINGS; CRON, IQ, NTNX, EWZThis post is going to be short work, since there aren't many earnings in play for next week, and non-earnings premium selling is somewhat limited ... . NKE is the only earnings that comes up on my radar for next week (announces on Tuesday after market close). While it has an implied volatility rank of 72, its 30-day isn't exactly "doing it" at 29%. That being said, the slightly short delta, 68% probability of profit, Oct 19th 80/90 short strangle pays 1.72/contract at the mid. Other top implied volatility underlyings include CRON at 140%, IQ at 60%, and NTNX at 54%, but these underlyings aren't the best in terms of expiry and strike availability, which can make for headaches if you need to roll. I've already experienced some of this in a CRON play; there was no November available after the October monthly, so had to roll all the way out to January, which can be a drag if you're less than the patient type ... . I pretty much knew that it could be a headache going in because of oddball expiry availability, but couldn't pass on the juiciness. On the non-earnings front: "The Brazilian" -- EWZ continues to be frisky (but not quite as frisky as it was) with a rank of 69 and a 30-day of 47%. The November 29/40 short strangle camped out at the 21 delta has a probability of profit of 70%, break evens of 27.35/41.62, and pays 1.65 -- not bad for an extremely liquid $34 underlying.
NYSE:NKE
by NaughtyPines
7