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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject4/27/2001 10:06:03 AM
From: besttrader   of 37746
 
10:04 ET CIENA Corp (CIEN) : -- Update -- Technical -- Has been it hard following the downgrade but has held at support (47.8 is 62% of April rally). While the bounce is encouraging as are the improving intraday indicators, it will take gain back through 52/53 area just to improve the very short term tone. Next support is at 46.5/45.5.
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