EZchip Semiconductor (EZCH) is a fabless semiconductor company that is engaged in the development and marketing of Ethernet network processors for networking equipment. This stock is trading up 3.4% at $44.41 in recent trading.
Today's Volume: 260,000Average Volume: 264,872 Volume % Change: 51% From a technical perspective, EZCH recently broke out above some major past overhead resistance at $37.62 on decent volume. Since triggering that breakout, EZCH has skyrocketed towards its current price of around $44. This stock is breaking out again today to a new 52-week high on decent volume. As long as this stock doesn't see any high-volume downside reversals in the near-term, then it should be well on its way to hitting $50. EZchip shows up on a recent list of 10 Small-Cap Stocks Poised to Rise, History Shows.
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