Hey guys, I just received an exit signal from stockspotter.com for Citrix Systems (CTXS). For those of you following the stock, you may have noticed it’s recent gap down and cross below the 10-day SMA. Given the recent pattern indicators and the spotter signal, I definitely recommend exiting your position with CTXS.
Additional Company Info: Citrix Systems, Inc. designs, develops, and markets technology solutions that deliver applications on-demand worldwide. It offers desktop solutions, such as Citrix XenDesktop, an integrated desktop virtualization system; and Citrix XenApp, an application virtualization solution that centralizes and delivers enterprise applications as an on-demand service. This was one of the companies listed in the 9 new entry and 10 new exit signals for Tuesday, May 24th on stockspotter.com