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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (13670)3/28/2001 2:21:20 PM
From: Softechie  Respond to of 37746
 
CIENA Corp (CIEN) 47 9/16 -6 1/4 (-11.6%): -- Update -- Technical -- Failed to develop sufficient interest near the intraday floor at 48 in early trade and retested the March low (47). While this is still intact, gains back through 48 and then 49 are needed just to neutralize this morning's negative bias. Inability to accomplish this opens the door to fresh lows with initial support at 46 followed by the Mid-April low at 44 15/16.


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