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Is CIEN gathering momentum? Bollinger Band Squeeze shows up after climbing 2.8%
Ticker: CIEN
Sector: Technology
Industry: Communication Equipment
CIEN finished higher by 2.8% on Friday, August 22nd, trading 1.0 times its typical volume. Bollinger Band Squeeze was spotted, which could indicate a shift in momentum. Key support levels exist at 87.89, 85.96 & 84.68, with resistance at 91.09, 92.37 & 94.3.
Current SwingTradeBot Technical Rating of CIEN: C
There’s more where that came from. See all of today’s signals for CIEN here.
Read full article here »