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NXPI

NXPI: ABCD completion looking for +25% I forgot how many times NXPI has changed owners, everybody loves NXPI silicon. After getting jilted on the alter by QCOM, NXPI is $2bn richer and running a $5bn buyback program. Stock is basing after an ABCD completion and exhibits signs of a positive divergence between the price action and MACD. Will look to take a small flyer at current prices with the recent trough providing reference for a stop and see if we get confirmation of a trend change to scale up. Expectation is for the stock to retest the 200-DMA which happens to be the 78.6% retracement level from the last peak.
NASDAQ:NXPILong
by WellTrainedMonkey
2
QCOM Weekly: Pennant formation with downside target $32This is a long-term weekly chart on QCOM which completed an extended ABCD at the $81 level on Jul'2014. Currently trading near the top of a pennant formation with a clearly defined stop-loss level (ie. upper bound of pennant) with a huge potential if QCOM does break down and start a continuation CD leg to $32. This is a company fighting with its major customer (AAPL), turning down a premium bid from AVGO and shelling out top dollar for NXP. If AVGO walks away. management would have lots to answer for.
NASDAQ:QCOMShort
by WellTrainedMonkey
6
NXPI 91.45 – Probes key resistance clusters on the daily chartNXPI 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 rally towards 94.90 (September 9, 2015 high) next. 89.13 (September 16, 2015 low) near the rising channel support should hold dips. Outlook: Daily: bullish Weekly: bullish
NASDAQ:NXPILong
by novvoll12
NXPI 91.45 –bullish –Long-term trendline underpins strength 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 weekly high) would strengthen towards 110.26 (July 27, 2015 weekly lower high). However, a deeper pullback below a 3-week rising channel support would caution bulls for prolonged consolidation and expose the 85.13/81.32 zone (September 7/August 31, 2015 weekly lows) which may hold dips. Outlook: Daily: bullish Weekly: bullish
NASDAQ:NXPILong
by novvoll12