CIEN good earnings report
CIEN shares jump more than 17% closing at 34.32% after company reported higher than expected quarterly results and boosted its 2007 revenue growth forecast. Stock broke out the downtrend to new highs today with volume above average Thechnically chart looks Bullish, with both 50 dma 200 dma going up and MACD on top of 0. In addiction with K line back above D line we should see the stock continue to go up.
Looking at the chart stock has had a nice run over the past few weeks and again stoped at the major resistance 65.10$, the big wall for NTRS. I'll be Bullish in this stock if breakout this area.
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.
That's All. Have a nice evening !!!
AC
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.
That's All. Have a nice evening !!!
AC
