Michael_Macdonald-XATSUK

Citigroup showing signs of multi-month improvement

NYSE:C   CITIGROUP INC
Multi-month recovery from USD34.52 February lows gaining traction as prices accelerate higher to pressure critical resistance at the USD60.95 range high of July 2015.

In much the same vein as AIG , Citigroup is slowly recovering ground lost during the 2007-2008 mortgage crisis. investor sentiment and momentum studies are slowly improving, suggesting further gains in the coming months.

Next significant resistance is at the USD75.85 year high of January 2009.

Citigroup is also showing signs of Outperformance relative to the strengthening US Financials Index.
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