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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 688.98

+0.5%

Jan 22 4:00 PM EST

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To: Logain Ablar who wrote (27928)	9/6/2000 12:26:57 PM
From: Johnny Canuck	Read Replies (1) of 69956

Tim, You used to follow CTXS. What is your opinion on the fundamentals now? ******************** 11:28 ET Citrix Systems (CTXS) 24 7/16 +1 11/16 (+7.4%): -- Technical -- Breaks out of its longer than two week consolidation pattern and is flirting with resistance in the 25/26 area with the bottom of its June 12 gap (related to a profit warning) at 28 3/16. Given the solid barriers and the already overbought daily indicators, CTXS may run into a wave of profit taking near these ceilings.

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