CIENA Corp. (CIEN) Stock Technical Analysis

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.

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Jim Cramer Mad Money TLAB, CIEN, SWKS

Watch the following stocks this week as Jim Cramer mentioned them on the Speculation Friday segment of Mad Money CNBC. These stocks will be up today, 12/15/08, given the Cramer effect as well as the fact that they really have been beaten down in the technology sector. I will have analysis on all three of them this week.

Jim Cramer Stock Picks - December 15, 2008

Tellabs ( TLAB )
Ciena ( CIEN )
Skyworks Solutions ( SWKS )

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