chartsmaster

Eleven Was The Magic Number!

Long
NASDAQ:NTNX   Nutanix, Inc.
Yesterday, I felt there was a very good chance this week would bring about the long expected and awaited breakout above 25. Today we have it. Based on a number of factors, not the least is today's collaboration announcement with Cloudera, I am even more bullish about a stategic takeover as opposed to a private equity deal. Since I first started recommending NTNX under 18 back in April I first leaned to a strategic takeover, then, started to feel a private equity deal was more likely, and now I'm back to believing it will be a bidding war leading to an eventual, 50 -55 deal price. Use all dips to accumulate aggressively, up until the 30 threshold is crossed. Once over 30 sit back and enjoy the ride. BUY! Chartsmaster
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