( Yesterday close ) Chart courtesy of stockcharts

CIENA shares were down nearly 7% on Monday after breaking one of the most important supports for stock at $44. The technical scenario for CIENA is now more ugly than was last week, now only a close above this key level may predict a new formation of a bullish momentum, so it will be very interesting to know, if this movement was a complement of the bad environment of the overall market or people leaving CIEN long positions. Stay tuned in CIEN trading today, and in the next sessions too, to understand which the reason of this sell-off was.

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