1.24.2012

NXPI - Short Sell Argument


 So as you can see there is an intraday double top,which is bearish, now lets take a look back further and see if their is any resistance. 

These are the reasons I took the stock short just now at 21.53 for a swing short.
I think the mkt is top heavy and we are coming to the end of a strong run, but we need a pullback and an overall mkt rest.