CIEN long with callsNice long swing candidate CIEN, great chart for clear exit if wrong, great RvR, and great option delta:theta for long call swings, 3-5 months out expiration
CIEN trade ideas
CIEN weekly chart break outFirst weekly chart post. I've been looking at this one for a while. I'm confident it'll keep rising unless some news kills it.
Good to go! happy trading!
CIEN on breakout watch - No current PT Ciena is forming an ascending triangle. Stock is down 41.24% from the 52 week high of $27.16. No current price target set. Bullish news about new technology was released 12/1/14 and Northland Capital initiated coverage in November with an Outperform rating.
Link to bullish article: finance.yahoo.com
If you like this idea, follow my weekly watch lists, trading tips and more at thebreakouttrader.com
Ciena Corp take twoIll take another stab at this one. I was stopped out at $23 already but believe it has a lot of interest behind it. Ill be a buyer again at $22.75 with a stop at $22.50 and a target of $30 bucks. My logic is again the origin of a move. There was lots of interest at this area before and i believe there is likely to still be some buy orders if and when price comes back to the level.
