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Technology Stocks : Stock Swap

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To: Judy who wrote (13117)4/2/1998 2:42:00 PM
From: Trader X  Read Replies (3) of 17305
 
CIEN was a thing of technical beauty.

ff3.quote.com

After breaking far below it's support of $50, reaching 38 in 3 down days, it climbed back to $50 hitting resistance and MA's and who know what else. Couldn't paint a better technical reaction than that.

SDTI has also broken well below it's support of $30 today.
ff7.quote.com

Give it a couple days to hit 23-24, and you'll likely get a bounce back to resistance at $30 as well, similar to CIEN.

X
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