Ciena Stock

This Is Why CIEN Stock Is Poised to Hit $50 in 2019

CIEN Stock Is Completely Disregarding the Selling Pressure The stock market environment has been quite dreadful since the beginning of October 2018, with many stocks suffering. There is no doubt that this market has become quite difficult to deal with, but don't get me wrong: this does not…

CIEN Stock Is a Bright Light in a Turbulent Market Environment

CIEN Stock: Still Destined to Test $50.00 The current market conditions are not exactly something you want to brag about. They have been less than stellar, and that is putting things lightly. Since the first weeks of October, I have expressed concerns with this market. I warned about…

CIEN Stock Breaks Out, Putting My $50.00 Price Objective into Play

CIEN Stock: Incredibly Large Patterns Produce Incredibly Large Moves We now sit in September, and let's just say that I am not particularly fond of this month. September is notorious for being a poorly performing month for stocks. In fact, on average, it is the worst-performing month of the…

This Is Why I Believe That CIEN Stock Has $50.00 Written All Over It

CIEN Stock: Anticipating a Bullish Outcome The markets are currently in a state of duress because of the escalating nature of the trade war being waged. As a result of tenuous market conditions, investors are seeking shelter on the sidelines, and their flight to safety is why bonds and…

Why a Major Breakout Is on the Horizon for Ciena Stock

Ciena Stock on the Verge of Breaking Higher Networking stocks continue to have strong tailwinds for superior growth on the horizon. A mid-cap networking solutions company that is showing some strong technical signs of staging a major breakout is Ciena Corporation (NYSE:CIEN). This company is operating in a…

Anticipating an Explosive Outcome in Ciena Stock

CIEN Stock: Patience Is Warranted All of a sudden, the markets have gone from a tranquil walk in the park to a wild roller coaster ride. The low volatility environment that defined the market action for all of last year has completely disappeared and fear is once again…

Ciena Stock Surges, Opening the Door to Much Higher Prices

CIEN Stock: BREAKOUT Ciena Corporation (NYSE:CIEN) stock is surging on the heels of a better-than-expected earnings report that beat on both the top and bottom lines, blowing consensus earnings estimates out of the water. Ciena stock is up 15% on this news, and in the process, it has…

Ciena Stock Is Perfectly Set Up for a Price Advance

CIEN Stock: In Bullish Alignment Ciena Corporation (NYSE:CIEN) stock brings back memories of the dotcom bubble that burst in 2000. So isn't it appropriate that I revisit CIEN stock, an old relic of times past now that NASDAQ has surpassed the milestone that was set 17 years ago?…

CIEN Stock: Ciena Stock Has a Great Case for Bigger Gains

Why Ciena Could Extend Its Gains The global networking market is on a massive growth path that is worth tens of billions of dollars, given the superlative demand for faster speeds and bandwidth. The tailwinds will benefit networking technology companies such as Ciena Corporation (NYSE:CIEN), which surged 15%…