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...
Citigroup shares might be poised for a retracement here, we can expect a selloff to take place, if we don't move back above 56.78. I'd reccomend either shorting it, or buying puts. You can buy out of the money puts and sell bear put spreads to reduce costs (vs buying at the money puts). Good luck, Ivan Labrie.
RSI is starting to go through the roof, and Williams VixFix is significantly weakening. Almost everytime this has happened since early last year, it pullsback.
CITI BANK IS ALSO A SHORT CANDIDATE FOR BANKRUPTCY. DON'T KEEPA NY HOPE AND IF YOU ARE BANKING WITH THEM CLOSE THE ACCOUNTS.
DEUTCHE BANK DIDN'T BOUNCE MUCH AFTER 2007 CRISIS. It may do some reverse spilt like CITIBANK IN 2008-9 to prop up the share price and may some government bailout but in long term it will suffer a lot. All the hedge fund managers are piling up short position and share price may tumble below $4 soon. Upper limit resistance is around $20 for any upside bounce. The...
From 2007 the bank has been always in downtrend. With all those fines from different countries and the bad mortgage loans, HSBC is not able to come back up yet. Yes HSBC may do some reverse stock split like CITI GROUP did around 2008-9 but it didn't help them much to boost up the share prices.
Well looks like HSBC is hovering 2009 financial crisis. Time has come to short them again to go to zero or so. Red line will act as resistance line. Time to re-enter.
Black line a Temporary bounce after hitting the black line but most aggressive manipulators can hold for the below line for max profit. There will be a strong bounce once hits this Red support line but once broke it will go down to $4 or below. Take out profit and go short after few weeks. =============================== At least this is the start of the another...
$C falling wedge into .618 retracement on weekly.
CNBC has loved to refer the recent pullback in the SPX as the "Dimon Bottom" because CEO Jamie Dimon purchased roughly $26 million worth of JPM shares. However, it's not looking for those wanting to hold to believe in the recovery dream. Whether investors want to believe it or not, the U.S. economic cycle is rolling over; and, considering the very high...
It was A High Impact setup On Citi group but i missed this one
Retracement exhausted. Will be L Citi shares. Trend line number 3 will act as a trailing stop loss
The Citigroup Inc (NYSE:C) Daily Diagram Technical Analysis Training shows the following: The C share has made long term consolidations between $46 and $49.5. The weekly diagram shows bullish trend and the monthly is neutral. So the first think in mind is the case of daily local top at 49.50 again. So we will see if it is a strong long term resistance. MACD...