lawlee9
Long

NXPI breakout of channel

NASDAQ:NXPI   NXP SEMICONDUCTORS N V
44 0 5
NXPI             has been in a descending channel since mid May, and finally confirmed a breakout. I would technically buy on the retest of the trendline , but the long term ascending trendline seems to be holding prices, so I'm looking to buy on a pullback to the 78.28 support level to go long. First target would be 87.69, but if price breaks through then I would be looking to target resistance at the 95 level.
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