Citrix's most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 9.89% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Citrix is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Citrix is bullish.
The RSI indicator is at 37.07 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citrix
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Wed, 12 Feb 2014 08:17:39 GMT
Rackspace sinks after CEO retires
Tue, 11 Feb 2014 15:36:40 GMT
theflyonthewall.com – Rackspace sinks after CEO retires
Citrix Announces the CloudBridge CSX Solution to Enhance Cloud Services Delivery to the Branch
Tue, 11 Feb 2014 15:15:20 GMT
noodls – Key Partnerships with Qumu, Talon and CortadoFurther Simplify Adoption of Cloud Services at the Branch Office SANTA CLARA, Calif.–(BUSINESS WIRE)– Citrix today announced the CloudBridge™ CSX solution, …
Citrix Announces the CloudBridge CSX Solution to Enhance Cloud Services Delivery to the Branch
Tue, 11 Feb 2014 13:00:00 GMT
Business Wire – Citrix today announced the CloudBridge™ CSX solution, powered by the new CloudBridge 2000WS appliance. The new CloudBridge appliance helps consolidate the number of physical servers needed at the branch location by uniting full wide area network Optimization capabilities with a new, pre-configured Windows Server.
MobileIron Said to Work With Goldman Sachs on U.S. IPO
Mon, 10 Feb 2014 21:14:21 GMT
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