Ciena moves above its 10-day moving average, levels to watch The shares were last up over 3.4% after Comcast (CMCSA) upgraded to Ciena's (CIEN) next-generation 100G coherent optical technology. At the current price of $15.77, next resistance is at $16, a prior pivot high, and then at $16.51. Support is at the 10-day moving average, last at $15.29.
Ciena to further upgrade Japan-U.S. cable network The Japan-U.S. Cable Network recently selected Ciena to expand its trans-Pacific submarine network that spans close to 22,000 km and provides diverse connectivity from Japan to the U.S. This upgrade will utilize the flexibility and scalability of Ciena’s GeoMesh submarine solution and the latest WaveLogic programmable coherent optical technology to further increase the capacity of the network, which was originally upgraded with Ciena’s coherent solution in 2012.