CITRIX SYSTEMS INC
(CTXS-Nasdaq):
Technical Viewpoint: From a low
of $74.13 on Apr 24, 2012 prices
rallied, reaching a
high of $87.99
on Apr 26, 2012. A
decline saw prices pull back, reaching a
low of
$69.89 on Jun 4, 2012.
Another rally saw prices penetrate
resistance, closing 6/15/12
at $80.12. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jun 11, 2012 when the solid line crossed the dotted line to the upside.
Support: Remains at $75.00. Resistance: Is at $80.31.
Point & Figure: Reversed to the upside on Jun 5, 2012. A P&F upside
reversal takes place at $77.00. Summary: Technical indicators have turned bullish. BUY! CITRIX SYSTEMS INC
(CTXS-Nasdaq) @ $80.25 Stop: Use a protective stop of $77.50.
CITRIX SYSTEMS INC is currently trading @ $80.12 plus $3.37 on Jun 15, 2012. Price Objective:
$91.00. Risk/Reward: $2.75 VS. $10.75. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$91.00
Risk/Reward:
$2.75 VS. $10.75
Risk/Reward Ratio:
3:1
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