ZORAN jpeg/dvd moguls Message Board

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Technology Stocks : ZORAN jpeg/dvd moguls

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To: David Mullins who wrote (1298)	7/7/1998 8:14:00 PM
From: Pullin-GS	Read Replies (1) of 1486

Technically ZRAN got a real ass-whoopin' today. Lows where tested today on only 400K volume. Allot of holders where not shaken into selling at the moment. Weak hands sold early, but the panic only lasted about 30 minutes, and ZRAN quickly rebounded to an old resistance level previously stated yesterday @10. If ZRAN is able to close above 9 1/2 for the next few days, it would be safe to say that a reversal is possible taking us back to 11 or so in the short term. If 9.5 fails, it is all down hill I'm afraid.

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