I 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.
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.