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Summary
Nutanix NTNX – Added to the Watch List This Week While Competitors TWLO, ZEN, COUP Breakout
We are adding Nutanix (NTNX) to the watch list this week, as the industry group heats up. Enterprise cloud-based integrated solutions that provide the convergence of server, virtualization, and storage are all the rage.
Twilio Inc – TWLO +293%
Remember when Twilio Inc. (TWLO) was trading at $30/share back in early February 2018? This morning the stock is trading (+2.80%) at $118.00/share in the pre-market session, a gain of (+293%) in 12 months. Other stocks in the group are trading higher this morning. Make sure you check out Zendesk (ZEN), and Coupa Software (COUP) as well.
Nutanix – NTNX
We’re looking for Nutanix (NTNX) to follow along with the group. The stock is a recent IPO (2016), with a Composite Rating of (79), but improving. The RS line is rising fast at (93). The only thing lacking is a breakout on above-average volume. We set a breakout alert at the $54.34 pivot-high set last week. The stock is trading $53.20 in the early session, so we’re thinking the stock could run back to that pivot high zone today for a day trade. We’d consider a swing on a breakout above $54.34.
Join us today for our LIVESTREAM broadcast during market hours, as we trade these new positions. Watch, listen and trade Nutanix, Twilio and Coupa Software, among others, from 9:20 AM to 4:15 PM Monday through Friday.
Happy Trading,
Vinny
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*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities.
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