NXP Semi (NXPI) shares of the Semi stock are nearing a break of its narrow monthly value area after closing strong Tuesday at highs and back over its 8- and 21-day MA’s while MACD showing a looming bull cross on deck with the squeeze indicator also building energy for a breakout. NXP has been strong since its earnings report in April and the recent consolidation really just a time correction as it allowed the rising 55 day MA to catch up to price. NXPI still has size buyers in open interest with July $280 calls holding 1100 from buyers on 5/14 while the more recent buyer of 400 January $270 calls at $30.15 for over a million still holding as well.