|Day Low/High||39.72 / 40.92|
|52 Wk Low/High||28.23 / 46.78|
CIEN, a loser last year, is now poised for a potential breakout and seems to be a winner this year.
Despite market negativity, some charts are forming bases and presenting improved trading opportunities.
After the disappointing jobs number, QE3 seems more likely, but trading on this thesis changes daily.
Here's how I work through earnings plays -- careful, it's going to get messy.
But volatility still exists in the world economy, and jumpy data points could occur for several months.