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Non-ADX 1,2,3,4 Bearish appears for CIEN after 2.83% move
CIEN posted a 2.83% loss on Wednesday, July 22nd, accompanied by 0.7× normal trading volume. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 392.4, 387.65 & 378.34, with resistance at 406.46, 415.77 & 420.52.
Current SwingTradeBot Technical Rating of CIEN: D
There’s more where that came from. See all of today’s signals for CIEN here.
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