CTXS Has Major Fade From Open

Citrix Systems Inc.(NASDAQ:CTXS) has been one of the leading tech stocks of 2010. Since December 8, 2010 the stock has been under pressure. Today CTXS started the morning sharply higher in sympathy to the positive Netflix Inc(NASDAQ:NFLX) earnings. Citrix System stock has sold off sharply today from the gap higher open. The stock will have very good intra-day support around the $64.00 and $63.50 levels. Both areas could see small intra-day bounces.

Nicholas Santiago

Leave a Reply

Your email address will not be published. Required fields are marked *