Zoran Corp (ZRAN) reported earnings last night - they must have been good because the stock is up 15% today. You'll notice on the chart that ZRAN tried to test the "No Man's Land" this morning - apparently it met resistance and retreated. The stock has been unable to penetrate this zone ($14.50 to $15.00) since late January. If ZRAN can close above $15, I would be bullish. The 50DMA should provide some support from below as the stock tries to bust through. If you're anxious to get in, stop out below $13.50. Otherwise I would wait and see if ZRAN has the balls to take out the resistance.
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