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Bollinger Band Squeeze appears for CIEN after 2.8% move
Ticker: CIEN
Sector: Technology
Industry: Communication Equipment
CIEN posted a 2.8% gain on Friday, August 22nd, accompanied by 1.0× normal trading volume. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. 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
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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