Ciena (CIEN) Stock Shares Jump
Posted on Fri 2nd Jun, 2006 10:42:22 AM
Ciena Corp (CIEN) stock had a great day today as investors traded the stock up $.52 to a close of $4.30. Volume was over double the average and the stock traded some 57 million shares. The Telecom-fiber Optics Industry Group was hot and still remains pretty strong today so CIEN should make for a good chart to keep an eye on. Watch to see how it handles resistance of the 50 day moving average at around $4.45ish.
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