Ciena Corp (CIEN)

[chmcnfunds]

CIENA
BUY

Last Pattern:BULLISH HARAMI

Last Close:21.9400 Change:+0.3400 Percent change+1.57% 6 mo.Rating2?$100?129.7112 mo.Rating$100?109.2124 mo.Rating1?$100?313.91Signal

Update Our system’s recommendation today is to BUY. The BULLISH HARAMI pattern finally received a confirmation because the prices crossed the confirmation level which was at 21.6350, and our valid average buying price stands now at 21.6650. The previous SHORT recommendation was issued on 11/14/2013, 12 days ago, when the stock price was 22.1850. Since then CIEN has fallen by -2.34%.

Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.
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http://americanbulls.com/SignalPage.aspx?lang=en&Ticker=CIEN

CIEN