Monday, March 06, 2006

Zarlink Semiconductor hits new high

Over 4.8 million shares of Zarlink Semiconductor (ZL) traded today - the stock moving above resistance at $2.80 as it reached a new high of $2.88. ZL has been on a bullish trend since last autumn, currently a Stock Trends Bullish stock with an 13-week RSI of 123. Today's positive move signals a continuation of the trend.
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