NTNX resting on support. On its way to $25?

3 Ağu 2017

On this 2 hour chart of NTNX green lines represent trend lines and blue line represents support/resistance. We see a large spike in volume, MacD crossover, now once we get confirmation of price reversal off the trend line and an RSI spike, we buy.
https://www.tradingview.com/x/MACHTRYL/

16 Ağu 2017

Not

I closed my position for a 1.6% gain. I'd rather take small profits than risk anything, the price action just didn't get the volume it needed for the next leg up. Maybe next time!

16 Ağu 2017

Not

I SHOULD mention though, that the price action appears to be in a symmetrical triangle and if there is some PR this could still pop up. Stop losses are your friend :)