Hello fellow traders and investors CitiGroup has been experiencing a pullback before their earnings report that was released today. They beat EPS expectations by 45% and also slightly beat revenue expectations as well. Citigroup offers a 16% ROI if it recovers to the take-profit area.
Entry: ~67.75$ Take Profit: 80$ Stop Loss: ~65.50$
Technicals: -RSI=Oversold -Moving averages still indicating a downtrend
Fundamentals: -Description: Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. - Market Cap: 138B - Sales Last 12 Months: 53.50B - P/E: 9.35 - P/S: 2.58 - Debt/Equity: 2.70 - Sales growth Q/Q: -27% - EPS growth Q/Q: 240% - Profit Margin: 28.50% - Short Float: 1.46%
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