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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject7/19/2001 2:34:16 PM
From: Jim Spitz   of 37746
 
from Briefing earlier:

11:05AM Zoran Corp (ZRAN) 34.76 +3.76 (+12%): -- Technical -- Running hard today in the wake of the better than expected earnings
reported last night. Temporarily pushed beyond a short term barrier in recent trade (34.75) before pausing. The aggressive run suggests potential
for a test of its July high at 35.45. If broken, initial resistance is in the 35.75/36 area followed by 36.9/37.1. Top heavy daily indicators suggest
watching closely for signs that momentum is weakening.
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