Ciena Corporation (CIEN) is a global leader in networking systems, services, and software, providing solutions that power high-speed internet, cloud connectivity, and data center infrastructure. Its technology supports telecom providers and enterprises in meeting the surging demand for bandwidth and digital transformation. Ciena’s growth is fueled by the global expansion of 5G, rising cloud adoption, and the need for scalable, reliable network infrastructure.
On the chart, a confirmation bar with rising volume shows bullish momentum. The price has entered the momentum zone after moving above the .236 Fibonacci level. A trailing stop can be set just below this Fibonacci mark using the Fibonacci snap tool, helping traders lock in gains while keeping exposure to further upside potential.
On the chart, a confirmation bar with rising volume shows bullish momentum. The price has entered the momentum zone after moving above the .236 Fibonacci level. A trailing stop can be set just below this Fibonacci mark using the Fibonacci snap tool, helping traders lock in gains while keeping exposure to further upside potential.
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Read on substack
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Learn this trading method
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.