|Day Low/High||25.62 / 26.73|
|52 Wk Low/High||17.74 / 54.68|
As NetApp tumbled and sparked a broader selloff in enterprise hardware stocks, AWS and other cloud giants are still reporting strong growth.
NTNX has been in a downtrend the past twelve months with the stock losing two-thirds of its value.
There is an opportunity for a quick pop to the $42-$47 area.
Clearly, the first half of the month shaped up better than the second half.
I favor staying long the name but prefer a little more time on my side.
When analysts are becoming more bearish on price, yet price pushes higher, the market is telling analysts they are wrong.
These names are showing technical characteristics of either bullish or bearish reversal patterns over the past week.
In a talk with TheStreet, CEO George Kurian says macro conditions still bode well for IT spending, and that NetApp continues taking flash storage share from rivals.
Shark Tank star Kevin O'Leary is bullish on technology stocks.
The types of switches that Amazon reportedly wants to sell to businesses have seen limited enterprise traction to date. However, recent tech trends could make them more popular.
TheStreet went one-on-one with Nutanix CEO Dheeraj Pandey to discuss the astronomical rise of cloud stocks.
Shark Tank start Kevin O'Leary, Chairman of O'Shares ETF Investments, is bullish on Internet stocks - even ones you've never heard of.
There are some technical clues and signals we can glean from the latest charts.
Innovative flash storage offerings and software that integrates well with public clouds have helped NetApp grow in a challenging environment.
There are lessons and profits to be gained from studying Warren Buffett's misses.
Cloud adoption and other trends are making life tough for the some of the storage industry's traditional giants.
Stock slides create opportunities to buy that you never would have expected.
One group that is starting to look interesting is Master Limited Partnerships.
The market is seeing some increased volatility, which makes things more interesting for stock picking.
When the dip buyers disappear intraday, then the action finally can shift.
Rotation that's taking place under the surface must be navigated.
What is confusing about this market is how there is such extreme positive sentiment, but no real excitement.
If the Nasdaq ETF stays in the red, the bears will get some confidence.
The major indices barely budged intraday this week, as we had the narrowest trading range ever.
There is no technical reason at this time to be overly pessimistic, but many individual stocks are starting to slow after big runs.