Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on September 1, 2021 with a closing price of...
NetApp (NASDAQ:NTAP) broke above resistance in Friday's trading session after a small period of consolidation. I still like this stock and will be watching it again on Monday, expecting to see a continuation move.
After BLASTING through trend line resistance in November, Netapp is finally experiencing a healthy pullback today after its earnings report. Earnings and guidance both exceeded analyst expectations, but the stock is pulling back anyway. This is consistent with the overall trend this earnings season. Lots of stocks have pulled back after earnings beats.
Netapp pulling back in a bull flag pattern after a 60% raise. Could have possibly completed its flag yesterday Monday and ready for its next leg higher.
Netapp Inc (NTAP)- MANUFACTURES INTEGRATED NETWORK STORAGE/DATA MANAGEMENT HARDWARE FOR CORPORATIONS/GOVT AGENCIES.
This chart really really beautiful on the 4HR as longest it hold support i don't
see why this cant have another leg up, volume seems to be picking up as well, this is a no brainier if it breaks out but if not also looks like a nice short if it cant hold support!
$NTAP released its earning release with a positive under reaction with the PEAD projecting a bullish outlook for the stock placing it in Drift A
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NTAP just reported earnings and has run up and filled a previous gap in its chart. It may run to the top of the range to 61, then reverse. Typically after a gap fills, the is a strong trend reversal. Looking for this to go back to 57. If it does break above the range at 61.4, then i'll exit this trade because the setup will be void at that point.