Ciena Corp has been a powerhouse in the infrastructure space, delivering a gain of around 200% over the last year. While the headlines focus on the AI chips, Ciena provides the massive optical plumbing needed to actually move that data around.

Fundamentally, the demand for bandwidth is clearly showing up in the numbers. Looking at the quarterly financials snapshot, revenue (the blue bars) hit a high in the most recent quarter, confirming that orders are flowing in. However, you’ll notice the net margin (the orange line) dipped recently. That kind of volatility isn't unusual when a company is scaling hard to meet a rush of demand. Costs often jump before efficiency kicks back in. The driver here remains the frantic build-out of data centers around the world requiring high-speed interconnects.

Technicals show a classic bull flag forming. The price has pulled back from its highs and consolidated above the 50-day SMA (the orange line), which has supported this run for months. We are now back up above the 20-day so will be good to see if it holds this level. You can see the RSI has reset from overbought levels down to a neutral 57, indicating a better value area people like to enter at. The MACD histogram is also shallowing out, suggesting the selling pressure is already drying up. It looks like a standard recovery period before the market decides on the next run.

Might be worth a watch.

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PLEASE NOTE: Nothing I post is trading advice. All investing involves risk, and past performance doesn’t predict future results. Trends can and do end. For 2026, my goal is to try and post one new asset each day. Something outside the usual gold, silver, BTC, or big tech names. I like to find stocks worldwide showing steady trends with some good gains, a recent pullback, and signs of renewed strength. I don’t necessarily hold positions in these. They are simply companies I find interesting at the time of posting. I’ll often revisit them within a week to see how they went and share any updates. If you enjoy these posts, please BOOST and FOLLOW ME to discover more under-the-radar stocks and businesses from around the world.
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