Nxt digital after being in a down trade for more than 5 months now shows a bit bullish people looking to invest for a long term 6-12 months can choose this stock
Fundamentally strong & No supply or not impacting for broader market condition. Technically shows very strong uptrend, value is pausing now. CMP is low risk and high reward opportunity for investment. . . . . . . . . View are educational purpose not buy/sell advice.
My view on this, 1) Textile industry is hot 2) Almost debt free stock & fundamental is strong enough 3) Outperforming all market condition 4) Best while comparing with peer companies 5) Channel break out
Chart pattern: Since 2014 a regular chart-pattern can be observed in the Clinuvel ( CUV ) chart. After one year of a strong run-up (mostly starting in late February), the stock reaches a local peak (around Sept-Nov) and starts a correction (around -35% to -50%), followed by a longer sideways consolidation. Then the year after late Feb the next run-up starts....
read notes carefully first-long term-aroon crossed percent r near top range-stoc crossing in middle
read rules below first-stoc crossing at bottomed trending-macd about to cross
important see below notes on juniors-stoc crossed and money flow increasing-gross margins widened -ebitda margins widened
see below-ran twice thgis year-money flow strong-revenue jump strong
important see below-gross margin widening-earnings rose-russia steel mining
stoic crossing at bottom we like crosses at bottom half-cci and percentbr top range-money flow good-5 percent
diversify -strong group-stop loss close below 8 ema -get our book web site coming soon 40 yrs trading experience-Phd
diversify and limited capital with limits with juniors-first target weekly cloud-chat room starting labor day-microcap longs rtfs and mature shorts- enter only on positive short term price action
trends well-narrow bollinger bands-enter on positive short term candle-dynamic stop loss close below 8 ema goal line-diversify with junior miners-get our book on amazon same name to find multi baggers-use limits-money flow positive-wait till macd crosses-silver miners strong group-dmi could cross soon-
above weekly cloud/ enter one positive candle above your time frame for confirmation see our entry rules in our book on amazon same name//diversify with long and shorts/money flow excellent/stop loss close below 8 ema goal line/cci and percent r upper band important/dx starting/relative strength good
breaking out of narrow base see our chart patterns in our book same name on amazon percent r and cci good money flow strong above weekly cloud daily cloud rising
on hourly coming out of cloud money flow excellent see our book on price and volume rules macd crossing watch for exit at daily cloud see our exit strategy in our book have 40 years of trading experience
macd crossing get our book to know when to cut small losses and let winners run after you take your money off table relative strength strong above cloud cci and percent r upper range see why that is important in our book we are looking for multi baggers
candlestick has long wick wait for good candle to enter last time ran 3 days read our book on amazon on entry and stop loss points bollinger bands widening mad strong relative strength strong watch money flow