CIEN has been trading sideways
Wednesday, November 14, 2007
CIEN had a high volume breakout in October and then promptly decided to go nowhere. It has been trading sideways which has allowed the 50 day simple moving average to catch up to it. It has successfully bounce off this sma in the past so I am looking to see if that trend will continue.
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.
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.
Labels: CIEN
