CIEN fell and HMSY near to breakout
Tuesday, May 01, 2007
Chart courtesy of stockchartsShares of CIEN was down nearly 4% closing at 29.16 even after Thomas Weisel upgrade stock from Market Weight to Overweight. Looking at the chart the stock still trading in a Bullish mode, share price trade above 20,50, 200 daily move average, so no signals for panic.
Chart courtesy of stockchartsTomorrow keep an eye on HMSY for a possible breakout over 23$.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
