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NXPI short: recent relative weakness and lot of downside potential

|Includes: NXP Semiconductors (NXPI), SMH


NXPI: one of the weakest semiconductors stock in the last couple of weeks. Volume is clearly negative.
It just bounced intraday to test resistence / broken support. Shorting below yesterdays low. Lots of downside potential.
NXPI short: sell stop 29.27, stop loss 30.17
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