NXP Semiconductors (NXPI) has been running up on rampant speculation that NXP Semiconductors is for sale. Now the CEO has come out and clearly stated that he is not shopping the company. The CEO also stated that he is looking to acquire another semiconductor company. We trade based on the ZYX Change Method . One big advantage of the ZYX Change Method is that for the most part it keeps us out of false moves. A good example is the method kept us out of buying NXPI. Looking at the volume pattern of the day, it appears the majority of investors who bought NXPI today are losers.
Computers at The Arora Report are monitoring every tick of NXP Semiconductors. When all six screens are satisfied, we will issue an actionable signal in ZYX BUY CHANGE ALERTS
