TRADING TIPS

NXPI Bracket Trade

Hubert Senters here. Let’s take a look at NXPI on the Nasdaq. I believe. Yes, on the Nasdaq. So nice little bracket trade. The only thing you’d be careful is the ADX is a tad bit low at $14. But if you zoom in here which I’m going to do right here. If you see this stop is going down and it’s a got a slant to the upward direction so it’s headed towards $20 but it is nowhere near $20 with a reading of $14.08. But it’s got potential. And overall it has been in a very good uptrend. so will probably break to the high side but no guarantees just like everything else. Potential bracket trade, trade or close above $200.23. Potential break with either a trade or a close below $194.23 would be a short. I’m going to be speaking at the Market Madness Traders Summit March 23rd-25th. I am HYPERLINKING you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.    

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