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Daily Breakout Report
(4/20/06)
| Symbol |
ZRAN |
| Pivot
Point |
$22.55 |
| Intra
Day High |
$22.58 |
| Closing
Price |
$21.93 |
| %
Above Pivot |
-2.7% |
| Average
Volume |
1,000,000 |
| Today's
Volume |
784,000 |
| %
Volume Change |
-22%
|
| Stop
Loss |
$20.50 |
ZRAN briefly reached its Pivot Point today of $22.55 but closed
below it by the end of the day. Volume was 22% below its daily average. For those that
are using the Long Term Strategy I would place my initial Stop Loss
around $20.50.
For those using my Short Term Strategy our initial Stop Loss
should be placed at $21.55 if it doesn't follow through to the upside on Friday.
Meanwhile our initial Target Price is at $23.55.
Amateur Investors
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