Within' this four hour chart NXT has spent the better part of the last two weeks moving sideways in price. This pattern broke to the upside as the front weighted 18average of highs & lows is now rising. This is why I bought during the sideways range and am now looking for patterns to show indications to go long.
An example is when price moves back to the band for a small period of time and then starts to lift higher. Then as it first leaves such it can often times extend to nice gains.
Derek.
