Nextracker Inc.
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NXT - June 24 Qullamaggie Breakout and Episodic Pivot

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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
Nota
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 crosses
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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 again

Argg... 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

Penafian

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