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CIEN forms Bollinger Band Squeeze on August 22
Ticker: CIEN
Sector: Technology
Industry: Communication Equipment
On Friday, August 22nd, CIEN moved up 2.8% while volume was to 1.0× the usual levels. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 87.89, 85.97 & 84.69, with resistance at 91.09, 92.37 & 94.29.
Current SwingTradeBot Technical Rating of CIEN: C
What else did CIEN do today? Find out on SwingTradeBot.
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