Citrix's most recent trend suggests a bearish bias. One trading opportunity on Citrix is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 14.94% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $60.00 long call 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 down which suggests that the medium-term momentum for Citrix is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Citrix
Citrix and Palo Alto Networks Team to Deliver Consolidated, Multi-Tenant Network Security and ADC Services on NetScaler SDX
Tue, 04 Feb 2014 14:09:05 GMT
noodls – SANTA CLARA, Calif.–(BUSINESS WIRE)– Citrix today announced the immediate availability of the Palo Alto Networks VM-Series, a next-generation virtualized firewall and threat prevention offering, on the …
Citrix and Palo Alto Networks Team to Deliver Consolidated, Multi-Tenant Network Security and ADC Services on NetScaler SDX
Tue, 04 Feb 2014 13:00:00 GMT
Business Wire – Citrix today announced the immediate availability of the Palo Alto Networks VM-Series, a next-generation virtualized firewall and threat prevention offering, on the Citrix® NetScal
Zacks Rank #5 Additions for Tuesday
Tue, 04 Feb 2014 12:37:24 GMT
Zacks – Here are 5 stocks added to the Zacks Rank #5 (strong sell) List for Tuesday
Why Citrix Systems Is Ready to Rebound
Fri, 31 Jan 2014 16:02:13 GMT
Cramer's Six in 60: CVX, MTW & more
Fri, 31 Jan 2014 14:55:00 GMT
CNBC – Cramer shares six stocks to watch, and reveals them in under 60 seconds including Computer Sciences and how Chevron is pulling down the whole oil group.
Related Posts
Also on Market Tamer…
Follow Us on Facebook