Well, that 2.15 area was definitely hard support. If anyone had purchased the stock today, they were laughing. Ciena closed up around 2.29 area, which is more in line with the value of the company. Now we will not see this go below 2.20, and right now would be a very good time to stock up on this company. Keep stops at the 2.16-2.18 level, and hope for a pullback closer to 2.22-2.25. Good Trading (This is for educational purposes only, I'm not responsible for any trades etc etc blah blah). :)

Source: Trader Gus' Trading & Poker Blog