$Nextracker (NXT.US)$ Started looking at this ticker sometim...
$Nextracker(NXT.US$ Started looking at this ticker sometime mid Apr'24. Read my take $Nextracker(NXT.US)$ pure price action look at this stock. Not much of history, still in price discovery phase, presumably following listing in Feb'23. The 1W shows it peaked momentarily at $62 region, cementing an immediate target. Pivot points at 49.5, 44.0, 36.4
Released Q1Y24 results at close yesterday, price level had closed 43.00; Surprises abound, exceeded expectations all around. Hence the afterhours run to 48.500 and probably will play higher next few days. Perhaps a run for the ATH 62.14, maybe mid 50's, hard to tell. Long term hold and add would be fitting for a business spreading legs and getting ready to convert the backlog orderbook by next Q2Y24 reporting. I see shorting interests (if any) bottoming out 36.385 or so.
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