chartsmaster

Inevitable Correction

NASDAQ:NTNX   Nutanix, Inc.
I have been (and continue to be) a raving bull on NTNX. I believe, however, that a sharp correction has begun today. It will probably accelerate after tomorrow's earnings release. Although the report will probably be better than analysts expectations, the stock has been so strong that there is likely to be short term disappointment. After this short term pullback you want to aggressively buy more NTNX because I feel as strongly as ever that a bidding war will break out with an ultimate deal price around 50. Chartsmaster
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