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Open Text Corp T.OTEX

Alternate Symbol(s):  OTEX

Open Text Corporation is a Canada-based information management company, which provides software and services. Its comprehensive Information Management platform and services provide secure and scalable solutions for global companies, small and medium-sized businesses (SMBs), governments and consumers around the world. It has a complete and integrated portfolio of information management solutions delivered at scale in the OpenText Cloud, enabling organizations master modern work, automate application delivery and modernization, and optimize their digital supply chains by bringing together content cloud, cybersecurity cloud, business network cloud, its operations management cloud, application automation cloud and analytics and artificial intelligence (AI) cloud. Its products include Information Management at scale, AI cloud, Business Network Cloud, Content Cloud, Cybersecurity Cloud, Developer Cloud, DevOps Cloud, Experience Cloud, IT Operation Cloud, Portfolio, and Products A-Z.


TSX:OTEX - Post by User

Bullboard Posts
Comment by Wheatkingtrad3ron Dec 21, 2018 5:01pm
268 Views
Post# 29148674

RE:This thing looks ready to tank

RE:This thing looks ready to tankDoes not look as though a double bottom is going to happen anytime soon.  My fear is that the tech sector having recently made a major downward turn, will likely drag OTEX along for the ride.  Two of my indicators: OTEX's 30 week ma is quickly faltering and the RSI is well below neutral.  I've liquidated my holdings today and am moving on.  All the best and a Merry Christmas. 
Bullboard Posts