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NXPI forms Slingshot Bearish on July 6
On Monday, July 6th, NXPI moved up 2.64% while volume shrunk to 0.4× the usual levels. The session formed a Slingshot Bearish, often signaling a possible continuation. Key support levels exist at 276.95, 273.32 & 268.35, with resistance at 285.56, 290.53 & 294.16. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of NXPI: C
There’s more where that came from. See all of today’s signals for NXPI here.
Read full article here »