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

To: john dodson who wrote (5527)	11/20/1998 4:02:00 PM
From: Pierre Aydin	Read Replies (1) \| Respond to of 12623

The stock was down for the past 5 trading days with low volume, this was pure consolidation before the next run-up, technically CIEN has been in the upward trend, it passed the 50 DMA which was around 15 with high volume and it tested that level this week with low volume, to me this indicated that the stock is still OK, today it surged with a high volume which is a very good sign in technical terms. If you check a book that shows you how technical analysis works you will understand it better. Still Long Pierre