A tell is a precursor of a stock's next move, and investors in Citrix Systems (NASDAQ: CTXS) look for these indicators all the time. the good news is, tells are there for investors to see every day. For example, we have provided this data for CTXS in the trading plans and summary table offered below. The tell is described there, for you to review. Our data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | Neutral | Neutral | Neutral |
P1 | 0 | 0 | 118.86 |
P2 | 137.26 | 136.85 | 129.06 |
P3 | 139.94 | 140.29 | 139.42 |
Long Term Trading Plans for CTXS
April 20, 2021, 12:00 am ET
The Technical Summary and Trading Plans for CTXS help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CTXS Report.
CTXS - (Long) Support Plan
The technical summary data tells us to buy CTXS near 129.06 with an upside target of 139.42. This data also tells us to set a stop loss @ 128.69 to protect against excessive loss in case the stock begins to move against the trade. 129.06 is the first level of support below 138.85 , and by rule, any test of support is a buy signal. In this case, support 129.06 is being tested, a buy signal would exist.
CTXS - (Short) Resistance Plan
The technical summary data is suggesting a short of CTXS as it gets near 139.42 with a downside target of 129.06. We should have a stop loss in place at 139.82though. 139.42 is the first level of resistance above 138.85, and by rule, any test of resistance is a short signal. In this case, if resistance 139.42 is being tested, a short signal would exist.