Thursday, October 10, 2013

Citrix Systems Breaks Down on Disappointing Q3 Pre-Announcement

Today Citrix Systems is down over 11% in early trading after pre-announcing a Q3 shortfall in both revenue and earnings.

image

This will likely lead to the stock breaking down in our relative strength point an figure charts, dropping below a three year old trading range.

image

The information listed above is for example purposes only and should not be construed as the Investment Advisor’s opinion or investment outlook.