By Tim - http://stockstobuy.org
The following is technical analysis for CIENA Corp. (CIEN) - September 1, 2011
CIENA Corp. (CIEN) Support & Resistance Levels - 9/1/11
Resistance Levels: $14
Support Levels: $12.50
Chart - http://www.stockcharts.com
CIENA Corp. (CIEN) stock is up today due to better than expected earnings. CIENA Corp. (CIEN) will have resistance located $13.49 as well as $14. If CIEN closes above $14, I could see the stock moving back up into the $16's eventually. CIEN will have support down at $12.50.
CIENA Corp. (CIEN) Support & Resistance Levels - 9/1/11
Resistance Levels: $14
Support Levels: $12.50
Chart - http://www.stockcharts.com
CIENA Corp. (CIEN) stock is up today due to better than expected earnings. CIENA Corp. (CIEN) will have resistance located $13.49 as well as $14. If CIEN closes above $14, I could see the stock moving back up into the $16's eventually. CIEN will have support down at $12.50.
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