Ciena Corp ( CIEN) develops and markets equipment, software and services, primarily for the telecommunications industry and large cloud service firms. They're scheduled to report their latest quarterly figures before the opening of trading Thursday. 
Let's check on the charts and indicators.
In this daily bar chart of CIEN, below, we can see that prices have worked "irregularly" higher the past 12 months. Instead of a steady uptrend above the popular moving averages, prices have made numerous pullbacks and corrections along the way. CIEN is now trading above the rising 50-day moving average line as well as the rising 200-day line. The 50-day line crossed above the 200-day line in late November for a bullish golden cross buy signal.
The On-Balance-Volume (OBV) line shows a choppy sideways to slightly higher pattern the past year. The Moving Average Convergence Divergence (MACD) oscillator is above the zero line and trying to cross to the upside again for a fresh outright buy signal.
In this weekly Japanese candlestick chart of CIEN, below, we can see a mostly positive set up. Prices are in a longer-term uptrend above the rising 40-week moving average line.
The weekly OBV line is showing improvement the past three months. The MACD oscillator is above the zero line in a bullish alignment.
In this daily Point and Figure chart of CIEN, below, we can see that prices have reached an upside price target of $58. We can also see that the recent new high refreshes the uptrend.
In this weekly Point and Figure chart of CIEN, below, we can see a price target of $83.
Bottom line strategy: I have no special knowledge of what CIEN is expected to report to shareholders Thursday morning. The charts and indicators suggest that CIEN can trade higher.
