Ciena seems to be breaking down at this green line which was a support for many years..
Ill take another stab at this one. I was stopped out at $23 already but believe it has a lot of interest behind it. Ill be a buyer again at $22.75 with a stop at $22.50 and a target of $30 bucks. My logic is again the origin of a move. There was lots of interest at this area before and i believe there is likely to still be some buy orders if and when price comes...
Still working on the bottoming, has to take out 24.50 for completing ..too late if SPY doesnt make new highs..