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Friday, November 16, 2007 

Trade Ideas - CIEN and BRCM

Chart courtesy of stockcharts

BRCM broke down today one of the most important supports. So, pay attention tomorrow if has been a false breakdown or the start of a new downtrend.

Chart courtesy of stockcharts

CIEN could have an explosive move to the down side if stock breaks the support of this consolidation 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

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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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