Go Long CTXS, Short RBA

Citrix is looking to break out, while Ritchie Bros. Auctioneers is about to break support

   

Go Long CTXS, Short RBA

Futures are still well off of their lows, as they continue to pair their losses from their lows earlier this morning. European markets have done the same and are trading just below breakeven.

As always, abide by your stops, they will be oh-so important today as the volatility is extremely high.

Long: Citrix Systems, Inc. (NASDAQ: CTXS)

ctxs111010 Go Long CTXS, Short RBA

Short: Ritchie Bros. Auctioneers, Inc. (NYSE: RBA)

rba111210 Go Long CTXS, Short RBA

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Article printed from InvestorPlace Media, http://investorplace.com/2010/11/go-long-ctxs-short-rba/.

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