Showed huge volume on Friday (as 8EMA bounce). Let's see if stock is ready to explode today.
NetApp's ( NASDAQ:NTAP ) shares surged over 24% in premarket trading on Friday, following the announcement of its quarterly earnings report that exceeded analysts' expectations. The cloud storage firm raised its full-year fiscal 2024 outlook and stated that it foresees continued strength in its all-flash products and marketplace services. NetApp's ( NASDAQ:NTAP )...
NASDAQ:NTAP Based on my observations, the stock has been consolidating within the orange box since the last earnings report up to now. In the coming days, it could move either up or down within this defined range. Personally, I expect a bullish price movement towards the $92 area, potentially forming a double top before the earnings announcement. Moreover,...
NASDAQ:NTAP Technical Analysis for NTAP: If NTAP breaks above the bullish line of 69.75$, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the first target price (TP1) could be set at 71.69$, while the second target price (TP2) could be set at 74.32$. Conversely, if NTAP breaks below the bearish line of 67.61$,...
Break out of the Fibonacci Circle of the dominant upward trend The green dotted line can be seen to be hodling While price has climbed out of the previous 1.618 resistance and into a new fib arch
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...
Hi Traders I bring you my stock pick of the day NTAP On chart I have provided two lines, one for stop and one for exit. Thank you
Found some real gems. These babies look fantastic. A few are ready to go right now. Thanks's to the Trade war with China, that's only getting worse, these corporations look ready to pounce on massive market share
All description on the chart. Please, don't forget to like and follow. Thank you.
$62 calls now .40 recoup on a gap around double up & ride the rest into Friday
$NTAP $61.81 - 30min 5ema & 14ma cross the 30 - dragonfly doji at weekly support just under 30dma - - ex dividend date 1/02/20 - 1/03/20 $62 calls as .25 avg now
NTAP on the Weekly View chart shows a traditional Head & Shoulders Topping Formation. This type of top is far less common these days. This is due to changes in Dark Pool transaction activity off the public exchanges, new routing, and new order types. The gap down is above the traditional Head & Shoulders completion level. However, there is some technical evidence...
short NTAP downgraded to Sell $83.3
#NTAP HAVE POTENTIAL FOR A BIG BUY, IF PRICE CAN MOVE ABOVE YELLOW AREA, CAN RISE FOR HIGHER TARGETS. POST WILL UPDATE.
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.