CIEN fell and HMSY near to breakout
Tuesday, May 01, 2007
Chart courtesy of stockcharts

Shares 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 stockcharts

Tomorrow 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.
 
posted by Pro Investor Trader at 4:40 AM | Permalink


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