$CIEN has bounced strongly off $382 support and is now hovering around $412 after running into heavy selling pressure in the $417–$420 range. The fading upward momentum near resistance points to a potential shorting opportunity if the price breaks below $412.
Entry Zone: $411.00 – $414.00
Target 1: $405.00
Target 2: $395.00
Target 3: $382.50
Stop Loss: $420.50
A solid breakout above $420 cancels this short bias.
$CIEN
$ZEC
#BankOfKoreaHikesRatesTo3% #DollarPostsBiggestGainInNearlyFourWeeks
Entry Zone: $411.00 – $414.00
Target 1: $405.00
Target 2: $395.00
Target 3: $382.50
Stop Loss: $420.50
A solid breakout above $420 cancels this short bias.
$CIEN
$ZEC
#BankOfKoreaHikesRatesTo3% #DollarPostsBiggestGainInNearlyFourWeeks
