$C Tradespoon - Long Entry $81.98Tradespoon model generated long signal for Citigroup NYSE:C with 70% probability to stay above $81.98 today. Predicted range: $81.98–$84.74. Estimated change: +1.46%. NYSE:C
TRVC trade ideas
Short in Full Effect... 15 month Bull Run approaches resistanceWhat I see from this monthly layout of Citigroup NYSE:C is a sustained 16 year uptrend that is approaching a quadruple top in its' current 15 month Bull Run. The resistance sits at 83.11 and could be heading back to the previous month high of 73.38.
My interest in options, at the moment, are as follows...
1/31-81 Put at .64
2/28-77 Put at .65
3/21-77.5 Put at 1.26, 75 Put at .74, 72.5 Put at .44, and 70 Put at .28
As a Libra, I tend to see both sides in a few different aspects of life and investing is no different. Some investors make decisions that are biased, others are emotionally attached to their choices or a particular stock, or they may be uneducated about trends and technical analysis. However, most seasoned investors know you can make money by both shorting or longing a stock. So with that being said, keep an eye out for a break and close above 83.11. If that happens, there are clear skies above dating back to 2008.
Call Options I would consider at that point would be as follows...
1/31-83 Call at .35
2/28-87 Call at .42
3/21-87.5 Call at .84, 90 Call at .50, and 95 Call at .21
I look forward to checking back in with you all this week. Again, this is not financial advice nor am I a stock guru selling you hopes and dreams. I highly recommend you dive into your own due diligence before you make a decision based off mine or someone else's opinion. As always, take profits, take profits, take profits!!! I cannot stress that enough, as I myself have held onto positions longer than I should have and lost out on profits gained. Enjoy your week trading ladies and gents!
C Citigroup Options Ahead of EarningsIf you haven`t bought C before the breakout:
Now analyzing the options chain and the chart patterns of C Citigroup prior to the earnings report this week,
I would consider purchasing the 70usd strike price Calls with
an expiration date of 2025-4-17,
for a premium of approximately $6.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
CitiLooking like a good short setup here risk to reward .
Currently price is sitting at a 7 year supply area.. monthly and weekly technicals are getting overbought and daily technicals are at extremes already...
The short Entry would be below 81.00 with the
first target being 78.00
2nd target 74.00
My final target would be 63-67 but I expect price to bounce at 74.00 so id take profits there or tighten stop
Daily candle showing a Bearish reversal A close below 81 tomorrow would confirm the reversal
$C Tradespoon - Long Entry $75.80Tradespoon model generated long signal for Citigroup ( NYSE:C ) with 67% probability to stay above $75.80 today. Predicted range: $75.80–$78.51. Estimated change: +1.12%. NYSE:C
Citigroup ($C): Fourth Test of Key Levels Since 2018The shares of Citigroup gained an impressive 7% today following its earnings report, which delivered a beat ✅. The company is projecting revenue between $83.5 billion and $84.5 billion for 2025, up from $81.1 billion last year and $77.1 billion in the year prior (excluding divestitures). Positive news for both the company and its investors!
We’ve been monitoring NYSE:C but haven’t found a trigger yet—this might change soon.
The stock is approaching its most significant resistance zone since 2018, a level tested three times in the past. Could the fourth test finally break through? We remain cautious, expecting that another pullback, even a minor one, might be necessary to push past $83. If this pullback materializes, we’ll evaluate opportunities to position ourselves.
Currently, there’s a bearish RSI divergence, and unless the stock can make a higher high compared to 2021, another major pullback remains possible. However, a short position doesn’t align with our strategy at the moment. We’d need to see a lower time frame structure change to consider that route.
This stock doesn’t lend itself well to Elliott Wave analysis as it has been trending sideways for years, and we’re not forcing patterns onto it.
Stay alert for future opportunities on NYSE:C
4 Big Banks and their relation to KBEWeekly time frame....White line front runs a
change in direction...be it temporary or permanent
to long to explain...but white peak before blue peak
and things head down...if blue continues with white
or stays flat...there is little change to direction
or price just chops sideways a bit.
use other indicators to confirm...but white line can
bounce off or hug envelope channel and explain price
--------
The 4 headless horsemen of banking are next to each other...
Does something seem quite interesting among them since each is way different in area of investment...political control...money-metals exposure....MBS and the like...
So why are three pretty close to copies if you glance for more than a second or two, yet the fourth is somewhat similar but trending differently...
Just an interesting thought experiment
Citi group bank...not sure, so threw some things togetherBasic info... just fibs and trend patterns. posted before earnings, so best to see if techniques work or indicators give advanced warning..
30 min view
C ... Citi is showing divergences and hitting levelsCiti group is dancing among some key levels and has some interesting divergences on the BASS sentiment indicator and has low momentum on the Cycle Swing Momentum indicator...
Line date from early 2000s to the last 4 years...so you know they are good
Closer look if you need
City Group - Can the 3rd biggest US bank deliver?Hi guys, we would be looking next into City Group, the 3rd biggest Banking coroporation in the US. Currently they have been quite undervalued in comparission to it's counter-part in the eyes of JP Morgan. They still are holding a tremendeous amount of assets and have a lot of potential for an upswing!
Under CEO Jane Fraser's leadership, Citigroup has streamlined its operations, focusing on five core business areas and exiting consumer markets in 14 countries. This strategic transformation is expected to enhance efficiency and profitability. Analyst Mike Mayo projects that Citigroup's return on tangible equity could increase from the current 7% to 11-12% by 2026, with earnings potentially reaching $10 per share. He also suggests that the stock could double in value over the next three years.
Analyst Recommendations
Analysts have set an average price target of $82.14 for Citigroup, with estimates ranging from $66.00 to $110.00, indicating a potential upside from the current trading price.
Citigroup's current valuation, trading below its tangible book value of $90, presents an attractive opportunity for investors. The company's diversified revenue streams, including a global services operation, a top-tier investment bank, and a leading credit card company, position it well for sustained growth
Citigroup's strategic initiatives and favorable analyst outlooks suggest a positive trajectory for the stock in 2025. Investors may find Citigroup an appealing option for potential growth in the financial sector.
Entry on Market Open
Target 1: 90
Target 2: 110
Target 3: 166
Target 4: 240
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
$C Tradespoon - Long Entry $71.14Tradespoon model generated long signal for Citigroup (C) NYSE:C with 64% probability to stay above $71.14 today. Predicted range: $71.14–$73.38. Estimated change: +0.34%. Model grade: B. NYSE:C
Citigroup Stock Qoute | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Citigroup
- Double Formation
* 64.50 USD | Trend Line Entry | Subdivision 1
* 54.30 USD | Continuation Bias
- Triple Formation
* Retracement | Survey 50% Confirmation | Subdivision 2
* Neckline At 63.50 USD | Pattern Entry
* 012345 | Waves 3, 4 & 5 Marked Up | Long Continuation | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Citigroup inc. H4 LongBuy Entry @ 62.07
S/L @ 53.53
T/P @ 70.61
R.R.R. @ 1/1
Pure Price Action analysis based on Breakout of target level.
Citigroup Breakout: Eyeing the Cup & Handle Target!Citigroup (C) has smashed through key resistance, lining up a bold Cup & Handle breakout.
Cup & Handle Target: The breakout pattern hints at a target near $97, offering a potential 43% upside. This move has momentum, with a clear path to reach its mark.
Ascending Trendline, Gap & Fibo Support: Riding an ascending trendline, C is backed by Fibonacci levels, with the 38.2% and 50% retracements aligning as support near $56 and $53, respectively. A recent gap around $70 adds intrigue, potentially acting as a magnet for a retest or signaling strong buying interest.
Volume & CCI: Volume’s got the breakout’s back, and the CCI is holding steady in bullish territory without looking overheated, showing room for this rally to keep climbing.
Bottom Line: With a Cup & Handle setup, Fibonacci support, and a strategically placed gap, Citigroup looks poised for an exciting journey upward. This chart’s got style, momentum, and plenty of upside potential.
S&P 500/CITIGROUP | Chart & Forecast SummaryKey Indicators on A Trade Set Up in General
1. A Push Set Up
2. A Range Set up
3. And A Break & Retest Set Up
On Replay Mode The Triangle Pattern Means An Uptrend Matching A Bullish Bias
$C with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:C after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 55.56%.
Citigroup BearsSimple bearish scenario if there are signs of weakness near the blue rectangle zone. All rectangles are potential support and resistance levels projected in time, so I will keep my visions open for any scenario including a comeback, despite the fact that the whole project has been developed in a highly bearish mood setup.
The main and initial test of the project would be this incoming blue rectangle zone where things could get interesting if the estimations are accurate or at least indicative of potential scenarios.
The first and last pink zones are of interest of me in the bearish setup regardless of the fact that the last one is so far that it doesn't even seem plausible from this angle. Taking this into consideration I might attempt to add on to the project as we go along further down the rabbit hole of time with incoming updates/comments and potential analysis/estimations.
Citigroup Could Be Inching HigherCitigroup has recently inched higher as the broader market pulled back. Now some investors may think the banking giant will continue upward.
The first pattern on today’s chart is $63.46, the close on June 28 and the last price of the first half. C tested and held it in two separate weeks. It’s also near the peaks of May. Has new support been established at higher levels?
Second, the 50-day simple moving average is rising from below. That may suggest the intermediate-term trend is bullish.
Third, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. That may suggest the short-term is bullish.
Next is the series of higher weekly lows. That may suggest the long-term trend is bullish.
Finally, the dip in Bollinger Bandwidth indicates that movement has narrowed. That could make traders look for price movement to expand if C manages to make a new high and surpass levels from early 2022.
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CitigroupCitigroup witnessed a strong rebound recently after forming a major higher low at 58.56$, to violate the major peak 65$. then, Confirming this breakout by remaining trading above $65 in today's session will confirm the major uptrend., triggering further rises near 67.60 - 69.11 - 71 - 73 - 74.65.
The stop-loss lies below 63.75.
the indicators are heading toward the positive side, which confirms the mentioned positive scenario.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
A topping Signal; Citi BankRegarding Citigroup stock, it has recently shown a strong performance following its latest earnings report. As of now, analysts have a mixed outlook on the stock, with a general consensus leaning towards a "Buy" rating. The average 12-month price target is around $63.09, slightly below its current price of $64.52.
Key resistance levels for Citigroup include $66.87 and $71.40. The stock has shown immediate seller reactions around these levels, indicating potential points of resistance. If the stock fails to break past $66.87, it could suggest a short opportunity, especially considering the historical significance of these levels dating back to the 2008 financial crisis.
The stock is close to breaking out of a long-term range, but keep in mind that broader market conditions and sector rotations can influence its performance. Banks are currently benefiting from higher interest rates, but anticipated rate cuts by the Federal Reserve later in the year could impact this sector, potentially leading to a rotation into other sectors like energy and infrastructure.
For a short position, monitor the stock for a break below the low of the day (LOD) on Monday and consider resistance levels around $66.87 and $71.40 for setting stop-losses and targets.
CITIGROUP Downtrend Line Breakout At $64.28 12.07.2024- Bullish breakout above downtrendline on CitiGroup's 4hr chart at $64.28 observed.
- Potential target if breakout holds: $71.51; further breakout could lead to $80.72.
- Alternatively, if breakout fails, potential downside to $58.58; further breakdown could target $54.11.
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