I am expecting economical-sensitive investments like banks to crash to far lower levels than they reached in march 2020 due to even worse economic circumstances ( Contraction + Inflation entrenched)
hi, looking on ticker c Citigroup, I see positive move up, I don't know if it is a long wave up or a short term but, I hope that we will go to 56 USD or 60 USD. There are rates from FED to be raised and as we know banks will increase their income with the rising of them. Also the stock is undervalued, and we see that there is long term of accumulation of it and...
MACD shows a bullish confirmation. Traders can buy stocks when the price breaks above the downward sloping resistance line. Target price is defined by Fibonacci retracement 50% level. Position: LONG
Financials on full display going into earnings . Will those GAPS fill? Keep them on your radar. #XLF #JPM #C #BAC Interest Rates continue to rise on 30 year home mortgages and the federal interest rates consumers begin feeling the pain of being both pushed out of the market and every direction they turn. In most cases higher interest rates help the banks and...
Next week will be published the US most important banks earnings and among them, Citigroup is for sure the one with the best focus. In particular, the US bank is the one with higher exposition in Russia: almost 10 billion dollars. So, what can be the next scenario? I'm short on CITI due to both fundamental reason and technical reason: We are in a short trend, so...
Short term only. NFA Goals 66, 69. Invalidation at 57. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically...
Citigroup recently broke through swing high AVWAP implying a nice chance for more upside. I'm in May 70/75 Debit Spreads here to play any run up to ER as well. Looking for a move similar to AUG price action . Rejection at AVWAP invalidates the trade . Emergency FED meeting and rate headwinds, along with Russia and Covid - keeping positions small and...
It seems Banks will correct in the coming days..! Considering their weight it will affect the S&P 500 and Dow! You can see the most important support(green line) and resistance (red line) levels. Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m...
Short the C regarding descending channel and ichi leading span B. Take profit at around next level. Enter the market between 66.00 to 67.81
JPMorgan, Citigroup and Wells Fargo are going to publish their quarterly earnings reports on Friday.JPMorgan’s Earnings per share (EPS) is expected to be at $3.03 and its revenue is forecasted to be $29.89 billion. Wells Fargo is expected to report EPS at $1.12 and revenue at $18.9 billion, while Citigroup is seen to report EPS at $1.38, and revenue at $16.75...
Price closed above the October 2021 Trend Line. Expect price to increase. If price continues to stay above 63.50, then Citigroup is bullish. 1H Time Frame 2H Time Frame 3H Time Frame 4H Time Frame Daily Time Frame
Watch for a bullish price action signal at the EMA 10 EMA 20 area.
An easy one here Citigroup profits in the market environments = stock goes up simple. NYSE:C BMV:C BCBA:C NYSE:C/PK MOEX:C-RM GLOBALPRIME:C.NYSE XETR:TRVC NYSE:C/PN BMFBOVESPA:CTGP34 NYSE:C/PJ SWB:TRVC BCBA:C.D SIX:C SIX:C.USD LSIN:0R01 BVL:C BCS:C EUREX:CITG1! EUREX:CITG2! EUREX:CITGF2022 EUREX:CITGG2022 BVC:C BER:TRVC...
Citigroup CFO Mark Mason lately visited the GS financial services conference and noted that the bank would suspend its share buybacks in Q4. This hidden comment took many shareholders by surprise. Part of the thesis of needing to own Citigroup now is that the bank can buy back a large number of shares as long as the stock is trading below book value (TBV), which...
Please review the analysis published on November 4th, 2021: Title: Negative days ahead for banks! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an...
It seems Banks have run out of steam and in the near future, they will make a correction or go sideways! BAC: Fails to close above 48.50 WFC: Got rejected from resistance level and may retest 46 in the coming days C: struggling at the support line MS: pure consolidation between 96-106 JPM: 2-3% correction is expected! GS: could retest 370 level once again! You...
Banks are still very cheap, $C trades at 6 PE with a 3.14% dividend yield and technically speaking its stock price is now at the lower part of its trading range for most of this year. Both the Range Strength and Hurst Exponent indicate the price is in a non-trending ranging mode, the RSI is at 22 and price is 8.38% below it's 50 day MA which is a lot for a mega...