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Thread: NXPI Volume Alert

  1. #1

    NXPI Volume Alert

    Mike's system issued a high volume alert a few minutes ago for NXPI.
    The e-mail alert looks like this:

    Name:  Nxpi_Alert.gif
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    We can see that indeed, the volume is higher than the threshold:

    Name:  NXPI_Vol.gif
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    Name:  NXPI_EV.gif
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    So, I ran the Breakout Calculator, using the alert price as a BO trigger ($105.34). We can see below that the R/R ratio is not very good. The test has been made on the past two years.

    Name:  NXPI_T.gif
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    What is however interesting is that as the breakout price gets stronger, then the long trade has better chances to work.

    Name:  NXPI_V.gif
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  2. #2
    Join Date
    Dec 1969
    Location
    Tarzana, CA
    Posts
    962
    For what it is worth, I am in the NXPI trade @ $105.54. NXPI alarmed similarly on Tuesday and pulled back.
    I also took a similar trade in SWKS on Monday @ $98.89.

    This is the NXPI set up showing a sloping pivot line in a flat base. This is a preferred type of set up where a stock makes a volume surge as it goes through resistance.

    Name:  NXPI buy.GIF
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    Here was the similar type of set up on the SWKS volume alert buy on Monday:

    Name:  SWKS buy.GIF
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    My intent is to hold these longer term as long as they remain above the 50-day moving average.
    Mike Scott
    Cloverdale, CA

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