Nutanix 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.
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.
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