$NXPC

The NXPC stock has bounced back from its lowest level of $2.1291 and is now trending upwards, currently trading at $2.3346. A reversal pattern is clearly forming on the 1-hour chart.

Trading Setup:

• Entry Zone: $2.3280 - $2.3370

• 1: $2.3850

• 2: $2.4550

• Stop Loss: Below $2.2690

If NXPC stock maintains its momentum and breaks through the resistance level of $2.38, this rebound could quickly develop into a breakout.