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CIEN Weekly

This network provider has not participated in the four year rally due to disappointing cash flow however it's earnings have shown to increase which have struggled to trickle down to the bottom line with net income underperforming. Still the shares have been accumulated down here and any improvements on the bottom line when they report should send easily the shares to the next fib level (if not above). If opposed to holding the common, I would recommend OTM calls as it easily to go to $25 or more.

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