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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?


To: Bald Man from Mars who wrote (1466)2/23/1998 6:03:00 PM
From: Xpiderman  Respond to of 12623
 
<<Mid 30....>>

BaldMan, I think you are too optimistic.

At a glance, CIEN violated several strong technical supports ($45, $42) with very heavy selling. The next strong technical support will be $28 - 29, with minor support around $38 area.

Remember how ASND broke 40s, 30s and all the way down to low 20s?