After capitulating on lower than expected earnings last week, CTXS has bounced back to a notable resistance area ($30.00). Will it break resistance and rally back towards $32.00 and its declining 10 day EMA, or will it reverse and head south again?Monday, October 23, 2006
Technical Trade Idea - Citrix Systems, Inc. (Public, NASDAQ:CTXS)
After capitulating on lower than expected earnings last week, CTXS has bounced back to a notable resistance area ($30.00). Will it break resistance and rally back towards $32.00 and its declining 10 day EMA, or will it reverse and head south again?
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