Today we will analyze the stock CITRIX SYSTEMS (CIX.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in CITRIX SYSTEMS (CIX.L)
1- Last bullish trend was from 1,913.50 $ (10/18/2007) to 2,069.50 $ (10/26/2007) a 156.00 $ move 2- The current bearish trend started from 2,069.50 $ at 10/26/2007 and is currently trading at 1,928.00 $.
3- CIX.L current support level is at 1,913.50 which is the 100.00 % fibonacci retracement of the last 156.00 $ move.
4- CIX.L current resistance level is at 1,973.09 which is the 61.80 % fibonacci retracement of the last 156.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CITRIX SYSTEMS (CIX.L) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 189.000 $ height triangle.
CITRIX SYSTEMS (CIX.L) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 476.000 $ height triangle which was broken down at 1,928.000 in higher than usual volume, target of the pattern is 1,452.000.
CITRIX SYSTEMS (CIX.L) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CITRIX SYSTEMS (CIX.L) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 1,961.39, 1,963.42, 1,973.09, 1,982.05, 1,991.50, 1,998.75, 2,009.91, 2,015.45, 2,032.68, 2,069.50,.
Stock Support levels : 1,913.50, 1,871.07, 1,817.09,.