The Diamond is just one piece of the puzzle. See the full technical breakdown.
Indecision. Widening then narrowing range.
Market participants tracking Ciena should note the latest formation. Price has moved to $584.24 (5.31%) amidst recent volatility. Algorithmically, a Diamond structure has completed. Volume is average (0.41x avg) with moderate trend strength (18.3). A potential breakout level is identified at $598.84, targeting $743.34 with support near $526.59 (R:R 2.0).
What is your outlook on CIEN?