CTXS fails to follow through to the downside after Thursday's poor close. Still, I'm wary of another false pop up on the open that could quickly fade. I am starting to think trend day. If CTXS can close at a new high, it may indicate a multiday expansion in range. Right shoulders that are broken cook those who short against them.
Fast movers come from false patterns.
In the novel, Sherlock Holmes solves a murder when he realized it was an insider job as the hounds didn't bark when the crime was committed. A run to 136 before profit-taking sets in. This is not unusual going into a weekend, especially a long weekend. But the stock is now in a strong position and set up for all those traders and fund managers scouring their charts over the weekend. A great weekly close that will show up on the new high list.