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CIEN forms 20 Day Moving Average Resistance on June 26
CIEN closed down 1.06% on Friday, June 26th, with volume running 1.2× above average. Multiple bearish signals emerged — 20 DMA Resistance and Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 460.41, 441.27 & 424.85, with resistance at 495.97, 512.39 & 531.53.
Current SwingTradeBot Technical Rating of CIEN: B
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