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wolneymammoth
Jul 31, 2016 7:23 PM

NXPI Fib Extension to 93 Long

NXP Semiconductors N.V.NASDAQ

Description

Based on the Low RSI and the Fib retracement, it looks as though we have found a bottom on NXPI. Depending on the RSI moving forward, I expect this trend to extend into the low 90's and probably to the first Fib Level. I'm long calls.
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