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CITRIX SYSTEMS INC
(CTXS-Nasdaq):
Technical Viewpoint: From a low
of $20 1/4 on Jan 2, 2001 prices
rallied, reaching a
high of $35.81
on Jan 22, 2001. A
decline saw prices pull back, reaching a
low of
$31.69 on Jan 25, 2001.
Another rally saw prices penetrate
resistance, closing 1/30/01
at $36 5/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 9, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $32.00. Resistance: Is at $38.00.
Point & Figure: Reversed to the upside on Jan 30, 2001. A P&F upside
reversal takes place at $34.00. Summary: Technical indicators have turned bullish. BUY! CITRIX SYSTEMS INC
(CTXS-Nasdaq) @ $37 1/4 Stop: Use a protective stop of $34 5/8.
CITRIX SYSTEMS INC is currently trading @ $36 5/8 plus $2 1/2 on Jan 30, 2001. Price Objective:
$48.00. Risk/Reward: $2 5/8 VS. $10 3/4. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$48.00
Risk/Reward:
$2 5/8 VS. $10 3/4
Risk/Reward Ratio:
4:1
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