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Ciena Stock Sees Rising Relative Strength Rating With Earnings Due

·1 min read
Ciena Stock Sees Rising Relative Strength Rating With Earnings Due

If you're looking for stocks that are setting up in a base ahead of earnings, here's one that fits the bill: Ciena. The chart pattern is a second-stage consolidation. Be aware that buying just before a stock reports can be risky, since disappointing numbers could send it sharply lower.