Nextracker (NXT) shares of the top quality solar name are coiling in a bull flag pattern right near the YTD VWAP and holding above 55 day MA for a breakout above 46 and move back to the upper end of monthly value that likely can target 49-50 from here. NXT has seen large opening put sales hold in OI with recent sellers of 2000 August $45 puts at $6.30 last week and still has 4000 May $50 ITM short puts in OI. NXT trades cheap at 12x earnings while expcted to grow sales 10-15% through FY26.