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CIEN makes New 52 Week Closing High on November 6
CIEN closed up 2.89% on Thursday, November 6th, with volume running 1.0× below average. Multiple bullish signals emerged — New 52 Week High and New 52 Week Closing High — suggesting potential strength ahead. Key support levels exist at 196.67, 191.89 & 188.52, with resistance at 204.82, 208.19 & 212.97. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of CIEN: A
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »