NTNX high teens on the horizon

2017년 3월 5일

Currently trading at a 4 months low, Nautanix issued a weak Q3 guidance prompting the stock trade in an all time low territory. Fundamentals aside, trading over 10 times more than average volume on Friday and short float at 31%, I'd expect some sort of bounce early next week and would look for an entry around $24 or $25 if it can get up there to play on the short side. I'd expect NTNX to trade at high teens in next few weeks if it continues to trend downwards.

More details here : blog.buysellshortcover.com/4-ideas-to-trade-on-the-short-side-for-next-week-03-06-2017/?src=tradingview

2017년 3월 25일

노트

Closed my short position at $19.50. Will probably go lower but taking profit.