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CHART ANALYSIS | January 26, 2004
Ciena Signals A Continuation Higher
While the Nasdaqs are trading well above their January 2003 highs, Ciena (CIEN) has struggled most of 2003 and only recently moved above its January 2003 reaction high. The stock forged a 52-week high this month and the recent breakout projects higher prices over the next few weeks and months.
by Arthur Hill
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