PDA

View Full Version : NXPI Volume Alert



Pascal
05-21-2015, 01:38 PM
Mike's system issued a high volume alert a few minutes ago for NXPI.
The e-mail alert looks like this:

30364

We can see that indeed, the volume is higher than the threshold:

30362

30363

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.

30365

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

30361

Mike
05-22-2015, 09:21 AM
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.

30401

Here was the similar type of set up on the SWKS volume alert buy on Monday:

30402

My intent is to hold these longer term as long as they remain above the 50-day moving average.