NTNX - On watch This is currently a 4/6 name ,
lacking on chop n slop and n 20% weeks .
Chop and slop could easily clean up , its been sideways since end of 2024 ish
20% week part - we have some 18% ect ect ... I think we good
nice eps gap , momentum could continue .
Not yet in , but on watch. Note trades in comments .
0NU trade ideas
NTNX to suprise? Celebrate 100% correct swingideas with a chanceNutanix is testing 52w high. With upcoming earnings tomorrow it could be worth taking a speculative position in a stock that suprised the market every quarter last year.
Celebrating a great performance last 5 months with a chance position.
NTNX - Aug 24 MATrend Sustainable Momentum
Good potential R&R with resistance at 3.14R
What does not make this an A class setup is that D1 is bearish
MATrend Sustainable Momentum (Systematic) 🚀
This is a variant of the Unsustainable strategy. System identifies stocks (Tech sector) that follows the larger market regime's momentum of the day.
NTNX - JULY 24 MATrend Unsustainable Momentum- D1 Larger trend is Bear
- H1 Rejection wicks at 50.40
MATrend Unsustainable Momentum (Systematic) ⏪
The strategy identifies stocks (Tech sector ) that follows the larger market regime's momentum of the day and because they are unable to maintain it price breaks down quickly
Tight stops aligned to the price behaviour we are trying to capture. Which is a rapid break of the momentum.
NTNX - JUNE 24 MATrend Unsustainable MomentumGood initial momentum candle and the larger chart trend aligns with our direction
Exit Requirements (15M Chart)
- Selected 10SMA Cross as it historical was more synced with price movement
- Move BE when price hits 0 Fib
MATrend Unsustainable Momentum (Systematic) ⏪
The strategy identifies stocks (Tech sector ) that follows the larger market regime's momentum of the day and because they are unable to maintain it price breaks down quickly
Tight stops aligned to the price behaviour we are trying to capture. Which is a rapid break of the momentum.
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.
NTNX testing long-term resistanceNutanix Inc. (NTNX) presently testing long-term resistance, able to absorb monthly buying pressures.
From here, (NTNX) is susceptible to falling back to channel support, eliciting losses of 20% over the following 2 - 3 months.
Inversely, a weekly settlement above long-term resistance would place (NTNX) into a buy signal where gains of 20 - 30% would be anticipated over the following 3 - 5 months.
NTNX Nutanix, Inc. Options Ahead Of EarningsLooking at the NTNX Nutanix, Inc. options chain ahead of earnings , i would buy the $35 strike price Calls with
2023-1-20 expiration date for about
$1.00 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Update on NTNX and Trade PlanI posted about NTNX's fibonacci pattern a while back, and I want to give an update on it after the recent positive earnings report. NTNX was able to break past a major resistance, and it currently is hanging below another important short-term and long-term fibonacci resistance. NTNX should be on watch for the next few weeks, as it can form a bull flag in the right market conditions, and should be able to soar above the resistances.
If interested in fibonaccis, make sure to check out my post on PSTG.
I am not a financial advisor, and everything stated is my opinion. Trade carefully.
$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.
$NTNX Ready for the next leg up?I am very bullish on this name, it's a top notch company with a disruptive technology that will challenge big names like VMW and MSFT in the virtual machine, micro segmentation and datacenter space.
Short term - gap from March was filled in December and it is poised to cross resistance around 34. If it holds can see a move to 38 and above. Needs some volume. I hold this equity long term but this play am looking at July calls.