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Technology Stocks : Ciena (CIEN)
CIEN 200.29+2.1%Nov 26 4:00 PM EST

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To: Nandu who wrote (3819)9/26/1998 11:51:00 PM
From: saju chacko  Read Replies (1) of 12623
 
there is no line drawn anywhere for CIEN as of yet.... we haven't had enough time to clearly distinguish resistance or support yet....

to be technical i guess true support so far would have to be the low at 10/6....

or you could use the support of 11/2 ... where GSCO was buying like crazy...

or, if the same behavior from the last two weeks continues, i think support somewhere between 13 and 13/4 will be established.... this is just my opinion though....

Saju
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