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Is NTNX showing upside potential? Slingshot Bullish shows up after climbing 0.72%
On Tuesday, August 4th, NTNX moved up 0.72% while volume shrunk to 0.6× the usual levels. Multiple bullish signals emerged — Upper Bollinger Band Walk and Slingshot Bullish — suggesting potential strength ahead. Key support levels exist at 60.22, 58.94 & 58.09, with resistance at 62.35, 63.21 & 64.49. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
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 »