One name that's quickly moving within range of triggering a major breakout trade is EZChip Semiconductor ( EZCH), a fabless semiconductor company engaged in the development and marketing of Ethernet network processors for networking equipment. This stock has been under pressure from the sellers in 2013, with shares off by 14%.
If you look at the chart for EZChip Semiconductor, you'll notice that this stock has just started to bounce right off its 50-day moving average at $26.90 a share. That bounce is quickly pushing shares of EZCH within range of triggering a major breakout trade.
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