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New York, March 20th (TradersHuddle.com) - Shares of NetApp, Inc. (NASDAQ:NTAP) closed the session at $44.06 just above calculated resistance at $43.76 effectively breaking out grabbing the attention of momentum traders, which could eventually push the stock to different trading range

NetApp, Inc. (NASDAQ:NTAP) provides storage and data management solutions. The storage solutions include specialized hardware, software, and services that provide storage management for open network environments.

NetApp's stock was trading in a well defined range with support at $40.53 and resistance at $43.76, given that this range was broken traders will be closely monitoring the stock

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Chart
o Dow Jones 17,678.70 ▲6.10 (0.03%)
o S&P 500 2,057.09 ▲5.27 (0.26%)
o NASDAQ 4,771.76 ▲13.88 (0.29%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:17,678.70 Trade time:4:31PM EST Value change:▲6.10 (0.03%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,057.09 Trade time:4:31PM EST Value change:▲5.27 (0.26%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:4,771.76 Trade time:5:15PM EST Value change:▲13.88 (0.29%)

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