NXP Semiconductors N.V.
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intel earnings set the tone for big drag down in semis

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nxp dropping out of rising wedge on awful intc guidance. unless we see relative outperformance to peers on monday or market wide strength even a beat could dump on exposure to auto sector weakness and the current recession
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Busted setup. Good news on auto sector demand this morning plus qqq giga pump.
Wedge

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