Well, news broke Friday that CTXS got hacked due to the use of weak passwords, and they had to get told by the FBI that it's been going on for months and they didn't even know. Expect a number of days of strong downward action in this bearish breakout market environment. From the chart, some traders have already started pricing the news in, and I'm going to open...
NASDAQ:CTXSTrigger: $185.33 after a pullback. Stay away if it gaps up.
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Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
$CTXS Citrix Bullish falling wedge into trend line support. RSI and MFI entering oversold territory. Earnings today post-close, anticipating a beat.
Targeting $112.00-$114.50 area by December
Note: Informational analysis, not investment advice.
Industry: Business Software & Services
The price take 5 Years and 8 Months for beat the 70.00 and break that resistance area and leave a range of big dimension between May 2011 and January 2017
But if you look the stock is trending from July 2015 (red arrow) the next year (2017-2018) this stock did up 23.7% a trader only need to identify a...