NXT is likely to rise

If the weekly closing price exceeds $58.49 with higher volume than the previous week, buy the stock. NXT's relative stock strength is improving, earnings are excellent and market conditions are favorable for the company.

Note

There is still a FOMC event left, but as of now, the stock price has smoothly broken out of the buy point. But don't entry in at too high a price.

Note

NXT finished the week with a break above the buy point. However, stocks were not as strong as expected. The last three days of black candle finishes are a bit of a cause for concern. However, unlike FSLR on the 14th, NXT's stock price recovered to some extent. This move is positive amid a sluggish performance in the solar sector as a whole. It is possible that the stock price may temporarily fall below the buy point. Hold on to the stock unless it makes a new low below the handle. But unless something goes wrong, the stock price won't fall much.

Note

%Google translate. plz understand.

NXT still has some volume profile left to digest. Until then, stocks may show 'boring' movements. The first support level is around $56.8. Yesterday, the stock price touched that area and recovered again. The second support level is around $54. Sell if the secondary support level breaks with strong volume. Either the entire solar energy industry has turned bearish again, or something has gone wrong. But at least so far, the current situation may be an opportunity for those who missed the buy point.

Trade closed: stop reached

Support levels collapsed as NXT was unable to handle the volume profile. Holding stocks as a long-term investment is an individual's freedom. However, even at this time, FSLR is rising, but all other solar stocks are sluggish. I don't like it when only one stock in a particular sector goes up. Because this is usually a bad sign. I closed my trade on NXT following my personal stop loss rule. If NXT makes good moves in the future, I will present a new opinion then.

KANUSE

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KANUSE