
An Unwind in Pessimism Could Send Energy Stock Surging

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Nextpower Inc (NASDAQ:NXT) experienced a post-earnings bull gap, with shares rising after testing the 50-day moving average. The stock cleared key price levels, and short covering could further boost its price. An unwinding of pessimism in options trading, indicated by a high put/call open interest ratio, suggests potential for further gains. A recommended call option could double with a 23.5% rise in the stock.

