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chartsareforships
Feb 21, 2020 12:20 PM

CIEN - Flag Breakout Long

Ciena CorporationNYSE

Description

CIEN - Clear breakout of flag pattern. I'll be entering after the open with stop below the local low price around $40. I think it could hit $57.00 by the end of the year.

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Comments
mlhmjohnson
I had a question. Isn’t that gain after the covid crash? So I’m wondering if you could count on that same action if it was in the normal course of the market without the crash?
chartsareforships
@mlhmjohnson, sorry I guess I don't understand your question! The drop in March certainly affected the stock but the trade was invalid when it hit the stop that was listed on the chart.
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