The Ascending Triangle is just one piece of the puzzle. See the full technical breakdown.
Bullish continuation pattern.
Traders are watching Ciena (CIEN) as price action tightens. With a last close of $447.76, volatility remains active (7.79%). Our AI has detected a valid Ascending Triangle pattern. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $453.0, targeting $627.61 with support near $361.7 (R:R 1.91).
What is your outlook on CIEN?