Nextracker has had impressive result for the past two quarters where I reviewed their earnings. Both resulted in price having strong bullish moves. Yesterday the market opened with a gap up above the consolidation.
This is part of a Qullamaggie Breakout and Episodic Pivot study I am currently conducting
This is part of a Qullamaggie Breakout and Episodic Pivot study I am currently conducting
Note
Price seems to be tightening. It looks like and the Daily 10MA is catching up, looks like if we don’t get a bullish momentum next week I will have to close it when price crossesTrade closed manually
Closing NXT because the price action has lost momentum and is not aligned to a momentum driven price movement. I can re-enter this when price gains momentum againArgg... I got distracted with the JBL unopened trade and price just dropped faster than i could have exited. If i was more focused I could have exited at a +4 or even +19 instead I exited with a USD -82.68
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.