1.272 AB=CD as price hits emotional level of $100. That exhuastion gap to the left s a good sign NXPI is overvalued around that $100 mark :)
Can anyone enlighten me on what this pretty little pattern is?
Is this some kinda inverse H&S or just wishful thinking? It did break the downtrend line and hitting resistance at 85. curious what y'all think.
Nice consolidation for 14 sessions and breakout of downtrend line/200SMA. I own shares and will have sell order ready 90-93 range.
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...
NXPI 91.45 –bullish – Probes key resistance clusters on the daily chart NXPI is probing key resistance clusters on the daily chart including the 200 day moving average currently at 92.09, the 3.5-month falling trendline (from June 1, 2015 peak) and the 50% retracement of the 114.00/72.05 fall at 93.12. A decisive upside breach of the area would extend the 4-week...
NXPI 91.45 –bullish –Long-term trendline underpins strength NXPI found support at 72.05 (August 24, 2015 weekly low) just above the 2.5-year rising trendline (from April 22, 2013 low). Since then, it has rallied strongly to retrace over 50% of the 114.00/72.05 fall. Technical indicators are improving, suggesting further upside. Above 94.90 (September 9, 2015...
Reverse H&S w/ breakout potential. Risk/Reward = 1 ($8 / $8)
Watch for gap up on Monday this stock has great potential to run hard...I talked about it in London in 2012 and has come a long way since, the time is now
It is a sign of fundamental changes.