TopMarketGainers

NXP trade setup pre earnings

Long
NASDAQ:NXPI   NXP Semiconductors N.V

Possible entry on breakout level at approx $127
Target price to Fibonacci target $141
Stop loss $120 below horizontal support
RSI oversold.
Company profile
NXP Semiconductors NV is a holding company, which engages in the provision of semiconductor solutions. It focuses on high performance mixed signal (HMPS), which delivers high performance mixed signal solutions to its customers to satisfy their system and sub-systems needs across the application areas such as automotive, identification, mobile, consumer, computing, wireless infrastructure, lighting and industrial, and software solutions for mobile phones. The company was founded on August 2, 2006 and is headquartered in Eindhovezn, the Netherlands.
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