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Ceragon Networks Ltd. (CRNT) Video Chart for Wednesday, January 30, 2013

CRNT is making a slow move off a bottom hit in November around $4 per share. The chart is making higher lows, but also lower highs, indicating indecision (and forming a wedge). The stock price is currently sitting on top of the 50-day moving average and showing signs of wanting to push upward. Technical traders will be watching the support at $4.70 and the resistance at $5.15.

To view the video chart, visit the following link:

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