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Thursday, December 14, 2006 

Shares of CIENA climb

Chart courtesy of stockcharts

Shares of CIENA climb more than 11% to 27.83$ after the company reported a better-than-expected quarterly profit today and issued a bright outlook for the first quarter, it guided first quarter earnings per share higher to a range of 19 cents to 24 cents a share. The technical chart looks Bullish with MACD again back above 0, RSI is rising in the Bullish territory and the daily chart also shows that CIEN has broken out on high volume the downtrend line that it formed since the top in April, so the stock has now legs to go up again.

Stock to watch tomorrow : TECD , YRCW , ET

Stock Alerts : BBOX , CRDN , GORX , STTS , ZIGO : Bullish - 50 dma line crossover 200 dma

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.

During last night I did a search to find some service that could provide us toners cartridges at low prices and high quality online, so after have done a full search in the web I found an interesting service than can do this work online. Well, let me check the site online at toner cartridges and if you are looking for a service like this take a look.

That's All. Have a nice evening !!!

AC

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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