| Workspace Solutions Co. Thriving Through Lockdown  Dear Chart Of The Day Reader,
Yesterday, we looked at a Daily Price Chart of Quidel Corp. and noted that the stock had been making a series of 52-Week Highs. Today's Chart is for Citrix Systems, Inc. (NYSE: CTXS). Citrix Systems, Inc. provides workspace, networking, and professional services worldwide. The company offers workspace services, including Citrix Virtual Apps and Desktops; Citrix Content Collaboration, a cloud-based file sharing and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices for businesses; Citrix Endpoint Management for mobility and device management capabilities. The Daily Price Chart below shows that CTXS has traded in a clear bullish pattern of higher highs and higher lows since late February. Track the Price Chart from lower left to the upper right...  This bullish trading pattern points to a further advance, especially knowing that Citrix's services are going to be vital moving forward with everyone working from home. You see, typically stocks that make a series of two or more higher highs and higher lows reliably continue on in an upward trend. But it's important to note that strong stock rallies have pullbacks along the way. These pullbacks present a buying opportunity for us. Purchasing CTXS after a 3 to 5% price pullback has provided a good entry point for the stock this year, and has produced a healthy return. We'll keep watching CTXS as it tops its previous highs and waiting for price pullbacks. Best Regards, 
Chuck Hughes
Editor, Chart Of The Day | 
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