This post was just published on ZYX Buy Change
CIEN is at an inflection point. This is why the stop is so tight. Conservative investors and those who can not watch during the day should let the stop hit and be willing to enter again with a tight stop.
Aggressive investors can change the stop to $12.17 -12.38. We caution against trading this stock without a tight stop.
For the long term, CIEN will benefit from China spying, please see an earlier post on this topic. The stock can easily run to $17 if a short squeeze starts. A short squeeze is possible on China news.
