Stock gaped up on reports regarding the company acquiring Big Switch Networks.
Previous earninsg report was terrible and the conference call was very pessimistic regarding data center spend, INTEL may have shown us a hint that may have changed.
$231 a possible entry level on gap fill, if not we await the next break above resistance to trade the next large gap on the chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.