Monkey see… himself take a small (now booked) loss on XLNX that had once been a very decent profit, Monkey do… sell CIEN for a very nice profit. Simple. Monkey also evaluate the oh so predictable post-engulfing rebound in the sentiment-fueled stock market, making sure to continue taking profits and/or limiting losses before any thoughts of aggressively shorting. Finally, Monkey also hold on to his … Continue reading Monkey See, Monkey Do
It’s a stock that has been good to me over the last few years as I’ve traded it successfully more often than unsuccessfully. This most recent turn, however, has been more difficult. Here was how NFTRH 580 viewed it last weekend (and yeah, I show my lousy performers right along with the good ones)… And then today it turns out that all’s fine with Ciena, … Continue reading My Ciena Story…
This one has been in my portfolio much more often than not over the last 1.5 years mostly due to its habit of growing freakishly bullish looking patterns (all of which eventually broke out) on this weekly chart, not to mention one or two on a daily chart that are not really visible on this weekly. Best target was 40, and the stock market is … Continue reading CIEN Ya Later
Welcome to another edition of Sometimes Charts Work Out. Today on Sometime Charts Work Out we view the case of one Ciena (CIEN), which has had freakishly bullish looking patterns all over it. We’ve been stalking it in NFTRH for many months. From NFTRH 514’s NFTRH+ Charts & Notes segment… From yesterday’s NFTRH real time Trade Log… Bring CIEN back in on the pullback. Today’s … Continue reading Sometimes Charts Work Out: Ciena Edition [w/ edits]
Just because I was reading SEMI and had a George Gilder flashback, circa 1998… Consumer to Industrial Data Explosion Hits Supply Chain Humor aside, it got me looking at some optical networking companies and out popped Ciena’s chart(s). The daily got some volume yesterday, which got my attention. Today it is trying to make it above a short-term resistance area, after having consolidated through June. … Continue reading NFTRH+; CIEN in 3 Time Frames
