adasstadnicki

CITI moving on 46 USD then 42 USD

Short
NYSE:C   Citigroup, Inc
hi,

take my example what not to do.

If you invest, remember, try to save your capital and make SL - stop loss. My first mistake. I did not make it.

Take a portion of your capital for example 20% - invest first and wait 2%, if you are on profit, invest another 20%, and wait next 2%. My fault - I invest to much on the beginning.

Or look mainly on the index how it is going, if it is like CITI ticker C moving down, it will still go down.

There is a gap between 40 USD. Right now we go on 46 USD then 42 USD. What next? I don't know. I hope it will move up.

We have to close this gap for sure.

Remember no position - sitting on cash is also a position.

This is my story, I lost 10%, I am happy to receive dividend, hope it helps. I think 0.5 half year to 1 one year sitting and looking how my wallet is shrinking. I suppose maybe 2023 will move back up. Still I have some free cash but I am not sure to buy... for what price.

Yeah.. I made big mistake.


best regards Adas Orlenik


Comment: hole is between 44 USD to 42 USD, but I think that they have to make a candle - pin bar so I think chart can go to 41 USD, we will see.
Comment: take a note that there is a great inflation on the market, slowing down of economy, FED is taking out money from the market, right now it is not a good moment to invest money,
also remember that CITI has got 10 billions of USD in Russia, will they receive it back? I don't know ...
Comment: Look also on the top of players like facebook, amazon, google, tesla, - there are to big balloons, they have to drain the air, deflate. It takes time ...
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