Posted On: 12/22/2013 10:12:19 PM
Post# of 2561
CIEN Daily Chart ~ A Move and Close Above the MA20 on Friday
Bought a few shares when the FullSto and shorter MACDs crossed back to the upside, and a few more when the stock moved over the MA20. A couple of friends from the Hangout also entered along with three who bought in the money calls. Our entries run between the high 21.00s to 24.31. So far, so good. Resistance points begins at the MA50 and 100 near the mid 23.46 and 23.65. A break of the previous high at 24.00 would suggest a possible test of the high in October just below 28.00. GLTA
Bought a few shares when the FullSto and shorter MACDs crossed back to the upside, and a few more when the stock moved over the MA20. A couple of friends from the Hangout also entered along with three who bought in the money calls. Our entries run between the high 21.00s to 24.31. So far, so good. Resistance points begins at the MA50 and 100 near the mid 23.46 and 23.65. A break of the previous high at 24.00 would suggest a possible test of the high in October just below 28.00. GLTA
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