C - Minor Low Breakout

NYSE:C   Citigroup, Inc
Citi is another banking stock flirting with upside.

Prices broke above the 200 propulsion moving average and are now retesting the breakout. This corresponds with a weekly 1-2-3 breakout.

G/G trend that is flirting with y/y. Will revert back to G/G with up day Monday.

RAF < Extremes, so minor low breakout trade.

No vscore. Some volume level support in this area.

Looking for a minor low breakout at 50.20.
16June23 50 Calls
B/E @ 50.95 due to darvas levels and vscore/vway level.
First Profit - $51.40 (previous high in 2 leg move down.

Trade active:
Entered on Breakout of 50.20 level.
Bot 1 16June23 50 Call @ $3.50.
Trade closed: target reached:
Sold Contract @ $51.40 Level
Option price - $4.20.

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