Zhongpin Inc. (NASDAQ:HOGS) shares rose 27% Tuesday after the company’s CEO made an opening offer to buyout shareholders and to take the company private.In afternoon trading, shares rose 27% to $11.69.Zhongpin should find initial support at its 50-day moving average (MA) of $10.59 and further support at its 200-day MA of $9.64.In the last five trading sessions, the 50-day MA has fallen 0.58% while the 200-day MA has slid 0.57%.
