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Technology Stocks : Citrix Systems (CTXS) -- Ignore unavailable to you. Want to Upgrade?

To: dreydoc who wrote (6816)	7/22/1999 12:19:00 PM
From: gbh	Read Replies (1) \| Respond to of 9068

Taken out resistance??? I think you mean taken out support. :)

To: dreydoc who wrote (6816)	7/22/1999 3:23:00 PM
From: Marconi	Read Replies (1) \| Respond to of 9068

Hello DreyDoc: I am no TA, but looking at the TA charts askresearch.com (that is a long URL) the MACD does not give a clear buying signal yet. The safest looking buys for CTXS have been after a fall of MACD into negative territory followed by a crossover with the faster moving average line. The MACD chart indicated a top, one among many tops as of late for the straight line rise the last month or so, that shows it has possibility to be real by the significant trend down. The trend looks like it may remain down for a while. If the stock price does trend down and MACD goes negative and reverses, that would be a clear signal to me to buy (and also take in account fundamentals, PR, market sentiments, world markets, etc). Best regards, m