The current trend is moderately bullish and C is experiencing selling pressure, which indicates risk of future bearish movement. C is currently trading in the 60-70% percentile range relative to its historical Stock Score levels.
The Chart: Price has fully reversed from the bottom of the large range (rectangle) and has now broken out of the top end of the range. Despite todays rough down day I am comfortable with my position as long as price can hold above the 59 area. The Narrative: Banks are taking a bit hit on earnings but the quarterly results we not as bad as the price drop may...
EURGBP H1 - Start of a potential reversal, double bottom on our big D1 support raised my eyebrows. Looking to break above 0.89400 and then retest 0.89100. This would be a perfect start to a 2 stage reversal, but this is required before any further consideration. D1 support zone, failed lower low, break above key level and previous high, retest support. Bullish...
Shwatup doe! Hope you are healthy, wealthy and blessed! Here we take a closer look at ALGOUSD on the 4 hour chart! ALGO has been ranging between $.36 and .47 over the past few days; gaining strong support at $0.38 and at the current level of .3950 Volume and Money Flow have been increasing dramatically... If .47 is broken, we could see a quick move to the $.53...
There were times when #C were the largest US bank and their share price was 10 times higher. More than 12 years have passed since then and #C market cap now is just half of Bank of America's #BAC one and 3 times less than of JP Morgan #JPM. 2020 pandemic wasn't a financial industry crisis. Quite the contrary Banks are benefiting from the huge injection of...
📈C LONG H4 🛒BUY above = 46.10 🎯Target1 = 47.30 🎯Target2 = 48 🛑Stop loss or cancel trade = 44.10 🙈Recommended risk = (1%-2%)
NYSE:C Just an idea: Entry now $43.50 Take profit $47.20 and $49.50 Stop loss or hold long is up to you Disclaimer!
I don't like this 174 weeks double top pattern. Last week's closing had it retested the neckline but failed to turn resistance into support. Proceed with caution. I have a short target of $18 in future. Anything above $50.60 invalidates this view.
Citi has not shut up about their GBP bullish picks for the end of the year. And they might be on to something this time. This could be the trade of the year. Brexit will be a better deal than expected. Trump will exploit the window of vulnerability to push headlines for a new 'bilateral' or nafta plus option. The rumor alone will be good and it really isn't on...
Citibank has been trading within a horizontal range and sideways channel between 65.50 and 69 for the past fourteen trading days. Because of this, we are shorting the iron condor by writing the 69 calls and 65.5 puts for the initial strangle, and going half a dollar out on each side to acquire the protection (longing the 69.5 calls and 65 puts), thus turning the...
NYSE:C Citigroup, Inc Stock - NYSE (USA) Profit:Risk = 1.68:1 --- Sell = $68.72 Take Profit = $67.04 Stop Loss = $69.72 ------ Take Profit = +2.44% Stop Loss = -1.45%
Regardless of earnings numbers. The Citigroup chart is setting up bearish. Every indicator is pointing down and the bearish sentiment that Citigroup has on its chart is in line with the rest of the market.
Just a quick look to the chart and the short term history we see one of the leading banks struggling to recover from the -95% since ATH...then bankers tell us about bitcoin...lol Dont miss the next one about JPM...
The popular ETF, XLF follows the financial sector and after weeks of selling, it looks to have found support and be gearing up for a big move indicated by the Weekly Squeeze coiling for the past 8 weeks, with the momentum shifting to bullish this week. If you take a look at C (Citigroup), it too has a Weekly Squeeze. If you take a look at it on a Daily it also...
I just went long on Citi. It bounced back from the previous low of 54.24. It has 3 green candles on the 15 in chart.. TGT: 70 SL: 65.20
Bounce of the 1H cloud support into an edge to edge cloud trade on the 4H chart. Good risk reward ratio in a volatile coin anticipating Citibank catalyst. Stop loss will be moved up as the trade progresses. My Ichimoku Cloud settings differ from the standard settings and should be taken into consideration. I am an amateur in TA and my analysis should not be...