3 more trading days to the close of the candle to confirm it.
...after almost 2 decades of bottoming process (basing pattern) are you able to hold on for another 4 days (for the month to end and the candle to close/be completed) before acting ?
Breakout long above box or pull back long from targets below box. Looks very strong.
Ciena is powering up. Hit the pivot resistance. RSI is below the trendline. Just need some volume to go up.
$CIEN long over $44.75 looks good for a potential push up to $47 tmrw. However, like I said on the $ZTS idea, I don't much trust longs at the moment!
#Cieana performed great since Marc and hit the strong resistance last week. It is still in RSI down trendline and needs to break out.
Ciena Corp. engages in the provision of network and communication infrastructure. It operates through the following segments: Converged Packet Optical; Packet Networking; Optical Transport; and Software and Services. The Converged Packet Optical segment develops and sells optical processors, switching systems and operating system software. The Packet Networking...
$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. If you found this to be insightful or helpful, please show appreciation by hitting the like button. If you want more ideas I invite you to follow as well! I try to be here for all of my...
Might be nearing low end —- And turn the corner. Lets see.. tomorrow
CIEN -- larger WEEKLY channel view! There is room upwards for 19.50% gains. Disclaimer: Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever...
CIEN --- potentially moving up soon! Reversal of trend happening very possibly as it reached the bottom of my 2HOUR channel that I see. It took a healthy 3% downward pull which just took place today... Lets see if it plays out in terms of reversing soon upwards... Thank you. Stay tuned... Notes: ▲ (19.54% Upside) Based on 13 analysts offering 12 month price...
Ever since CIEN's explosive Power Earnings Gap on 12/12/2019, CIEN has been consolidating into a tight flag pattern on the daily chart. CIEN may need a couple more days to setup, however I am entering this trade with a stop loss below the previous higher low incase CIEN wants to take off tomorrow. Entry - 42.52 Stop loss - 41.70 Target 1 - 44.00 Target 2 - 46.00
symetrical triangle is violated on a way up. Let s play-
Testing a previous low— cien recently busting out with nice volume purchase as it shot upwards— now some room to grow within the channel is still visible. Will it continue up? I think so... for now. It has a 17% upside to go to the $50 average target rating it received. Strong buy rating —Given from 11 analysts. (It has seen a rocky past... so be careful as it...