NXPI Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top NXPI on July 23, 2024, netting in a 10.72% gain over 2 weeks

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07/26/24

+10.72% Gain from a Successful pattern Head-and-Shoulders Top

NXPI - NXP Semiconductors NV

Ticker: NXPI

Company: NXP Semiconductors

Gain from shortening: +10.72%

Confirmed: 07/23/24

Succeeded: 07/25/24

Total length: 17 days

On July 08, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for NXP Semiconductors NV (NXPI, $277.22). 15 days later, on July 23, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 25, 2024, the stock hit the target price of $248.32 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

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