Newgen has been on my radar for quite some time. The stock has not corrected as much as the smallcap index did. The stock today has moved up 2000% volume. I have added a small position today and will be adding more on further price strength. The stock is in a Stage 2 consolidation. A breakout from this consolidation phase can spark a huge up move. Will keep you guys posted.

Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.