NETAPP INC

NASDAQ

NTAP

It doesnt look too bad for longterm

Fundamental analysis Earnings was pretty bad for Netapp as they slashed guidance. Market sentiment is complicated right now, if a stock doesn't do well fundamentally, it really takes a toll. Technical analysis Support around $36-38

short NTAP downgraded to Sell $83.3

Enterprise-tech companies’ stocks were slammed in after-hours trading Thursday, after NetApp NTAP, -18.14% surprised investors with a warning that its fiscal first-quarter earnings would come in below its previous forecast, with a revenue shortfall ranging from about $100 million to $250 million. “Our outlook is really determined on the discussions that we have...

Trading very weak, breaking down from a bear pennant formation. She likes to gap 11/16/18 closed 4/17/19 and then reversed.

#NTAP HAVE POTENTIAL FOR A BIG BUY, IF PRICE CAN MOVE ABOVE YELLOW AREA, CAN RISE FOR HIGHER TARGETS. POST WILL UPDATE.

NETAPP Short

NTAP is now testing resistance before the gap in its daily chart. As most gaps fill and it has tested this level several times over the past couple weeks, I believe it will close the gap for a 6% profit potential

NTAP has just approached resistance in its daily chart as it closes in on the gap made in its chart a couple weeks ago. I'm looking for this gap to be closed in its chart over the next week for a 5% gain.

There is absolutely nothing wrong with a safe steady bet, NTAP has a proven track record of continual growth and trades at a very reasonable P/E of 17. While it has traded well of the lows from December 2018 it has still considerable runway ahead to get back to the 52 week high of $88. Earnings approach and the chart looks good from a technical perspective, with...

As indicated price has bounced off 9 day avg line on the monthly chart; giving us a have a safe entry for swing trade to our price target of $88+. $NTAP will be reporting Q4 report on May 22nd: "Q4 has historically proven to be a strong seasonal period for free cash flow conversion, as such we remain committed to driving free cash flow of 19% to 21% of revenues...

NTAP has moved into the gap area, and is now poised to challenge the next resistance level. This stock has had recent HFT activity and is likely to have more HFT attention on the day of its earnings release. The candlestick patterns are solid ahead of earnings. Watch for pro traders setting up for a pre-earnings run.

as shown. Buy @ $55-65, TP $90-100, SL below $50.

NetApp is a Data Storage company for Cloud Technology. The Financial Services Industry is reporting a huge increase in Cloud Services usage that is starting in 2019 after a very conservative interest in Cloud Based Storage and services. This could potentially help NTAP complete this short term bottom and begin a new business cycle for the next couple of years....

NASDAQ:NTAP Trigger: $63.66 after a pullback. Buy Stop: above 62.66. Please like and comment if you like my ideas. THANK YOU!!! Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.

Up territory.

Possible support around $64

NetApp was one of the earliest companies in Cloud Technology. It had a stellar rise in price in 2018 but is now at risk of a topping formation. Data Storage is still a growth sub industry of the Cloud Industry. However, NTAP has gone beyond its fundamental values for 2019. Support levels are on the chart. Bounces should be expected around these price levels. This...