$NTAP NetApp appears to be holding the 50d ema on the weekly chart. Will look for a bounce from this area medium/long term, assuming we close this week at or above this support. Target $100 by January. Note: Informational analysis, not investment advice.
NTAP expected to open at 37.22 for a Gap N Go. To learn this strategy for free go to www.RealLifeTrading.com
NetApp holds well above broken resistance level at $38. This is very important level as it is in play since March. We had some clues before break up as buyers managed to build series of higher lows with recent bottom at $36. Below this, idea will loose its luster. As broad market entered into corrective phase, i like how this specifique stock showing us relative...