I am focusing on Nutanix Inc (NASDAQ: NTNX) stock because I have a compelling reason to believe that higher NTNX stock prices are on the horizon. This belief is centered around two factors.
The first factor is based on the Nutanix stock chart, where recent developments are suggesting that higher stock prices are now on the horizon. The second factor is that the short position on this investment-as of September 29-sat at 16.39 million shares, which equates to 21.09% of the float.
My bullish view was generated by analyzing the company's stock chart. This method of investment research is called technical analysis,.
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