Citigroup, Inc C

Lextrading

Be patient and wait until it can clear the yellow trendline before buying. IMO it should break up as central banks raise rates to tame inflation. Also beware of the gap below. It might go down to fill it before going up.

KlejdiCuni

In my personal opinion Citigroup Inc. is a wonderful investment for the time being. The whole banking sector is performing very well and they are reporting wonderful profits. Citigroup Inc. is doing the same thing as well as it keeps reporting strong profits and from the other side, the dividends are not bad at all $0.51 per share or 3.05%. As we can see from the...

LAARBIM44

This action has shown weakness under resistance 68.5 producing a good sell signal that can continue until 64.7.

lauralea

Mid rectangle is 70.30 and can be a good stop for whichever way you think this may go, up or down. A break of support. or the bottom trendline would be a downward break. This is a consolidation pattern and price may remain inside for quite some time but eventually, the market will make a decision. A rectangle is a neutral pattern and needs 5 touches, 3 to one...

azap81

Nice consolidation occurring here with C... keep an eye on this one Price Target = $85-87

TMEW

CitiGroup elliot wave analysis with long-term target

kb1311

As you can see 50 day moving average cross 200 day moving average . That shows a bearish sign but it took support on trend line. it could jump for short time. If trend line support don't break we can see jump on 72 to 73 . if trend line break then its going down for long term. Wait for confirmation and do your research before enter. This is just a idea not a...

sycaway87

Technically Nothing has shown any sign the price is going Higher yet. But It is showing oversold. Historically - this stock bounces up when the RSI hits an oversold level. It always comes back to Re-test 0 RSI level. The major companies with good financials usually follow the technical indicators. Financials on the stock are stable. The Net Income on the stock...

DontSlamTheDoor

Good Morning! Citi Group has been in this channel for a few months now. A key level for me to take a neutral-bullish trade was the $66.50 area. The support and resistance zones are fairly clear. I believe we will see Citi climb back up to the $71-$72 area. I like stock for Citi Group as this company is cheaply priced and a good stock to own. My first two PT's...

Vibranium_Capital

look for a move above the top trendline resistance for confirmation of more upside, keep in mind the stocks been stuck in 65-75 range for 4+ months.. so don't set any crazy price targets. banks are slow movers in general so take profits when you see them, dont forgot to like and follow for more !

bsdvs23

I'm expecting Citi to experience some downward pressure. I know that Target 1 is fairly close to the current price, so there may be some intraday opportunities to short bullish retail candles into supply/resistance levels. As for the yellow line that is my middle line that may provide a pause before heading to the Target 2 area. If I were buying puts on this...

KlejdiCuni

We can see that the price found a strong support area close to $ 69. At the bottom of the pattern we have a horizontal structure and at the top of the resistance line, the price is creating a sloping resistance trend line (expansion). From here we can assume that the price can make another upward move with target the upward slope trend line and the horizontal...

conman625

C has support around 69 where it is sitting right now. It is also at the bottom of the channel it has been trading in for about 1 month. Since there is support and C is about to hit the bottom of the channel i am more bullish than bear, although if it breaks support I would short C

dread003111

$ C Citigroup looks interesting enough. It can be long from the current ones with a stop below the 200 MA (68.7). Breakdown level 0.886 (73.52) Looking like wide angle with breakdown after black level 2

bearishzpes

Citigroup short,fibonacii-retracement, down trend, evergrande...

jbnyc

Tilted body looks to be indicating a move further to the downside. We are going to possibly see a retracement back down to the $66 / $64 area. NYSE:C

MoonBets

XLF is over-inflated (financial sector) BlueWave will give a red dot sell signal soon. Stochastic RSi is overbought.

traderjuss

Broke even won profits lost profits could have sold on both ends of the filed I might post an update tomorrow but I have officially let go of the position with only 20$ profit… Happy Trading new play to be posted soon.