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Is NTNX preparing to trend higher? Slingshot Bullish shows up after sinking 0.52%
NTNX closed down 0.52% on Thursday, July 30th, with volume running 0.6× below average. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 58.41, 57.56 & 57.02, with resistance at 59.8, 60.34 & 61.19. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of NTNX: A
There’s more where that came from. See all of today’s signals for NTNX here.
Read full article here »