Diamond bottom forming. Pattern is almost 90% completed .. breakout , if it does happen should in the next 3weeks. Major pennant on the daily Target 70$
If you haven`t bought C here: Then analyzing the options chain of C Citigroup prior to the earnings report this week, I would consider purchasing the 47usd strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $1.23. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Citigroup has been trading in this range for 14 years. Could it continue to keep going sideways? Yes. I will take a jab at this for a long term investment Invalidation: Monthly Close below $43.11
Looking at long term charts, the bank crisis has opened an opportunity to invest in bank stocks. Lowest risk is to go with the too big to fail banks. Citigroup is one of them. If you compare it to the other big bank stocks since 2008 you'll see that C has lagged behind while others recovered to pre-crisis levels. I think C can catch up in next few years. It is my...
Head-and-shoulders forming on the 5-day. Credit card defaults reaching all-time highs. Cash exodus (mostly to money markets, bonds, etc.) means the hurt on Western/U.S. banks is only just beginning. Trend is downward. Looking for a bounce around the bottom of the LuxAlgo indicator channel.
Head and shoulders pattern established for Citi. Is for the biggest banks/financials/Transports, on the planet. JPM, GS,WFC, BAC, IYT, VTHR. Seeing it everywhere
This bank holds more cash around the world but we know that banks has no more cash at their vaults because of Federal reserve banking system. Interest rates kill them. So we might see CITI group might go below or pump atleast there is a buyer. Follow for more. This year is interesting on banks......
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 47/61.80%
The PEAD projected a bearish outlook for NYSE:C after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Citi group had a nice bullish candle close post the bullish green candle. It held the upper range of the bar and didn't sell off on heavy volume.
Citi bank is traveling towards the resistance @ 52. Once it touches 52, we can expect a short pull down to 49 or 48. Once it crosses 52/53, it will fly.
After the last price target was reached: Now looking at the C Citigroup options chain ahead of earnings , I would buy the $52.5 strike price Calls with 2023-9-15 expiration date for about $1.28 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
This bank sell-off looks like a buy opportunity if you think medium to long term. Looking at the C Citigroup options chain, I would buy the $45 strike price Calls with 2024-1-19 expiration date for about $5.55 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
With everything that's happening in the financial sector, and speculations about a recession. Citigroup share price dropped into a weekly downtrend channel and breaking below previous major support. I'm hoping for the share price to drop to the next major support level @39.58.
Citigroup doesn't look as bad as BAC or JPM as it has already been going down strong since June 2021, it also didn't recover much from the 2009 crash and so there is less room for a crash... But it is still quite bearish, the chart! Here is the chart: Maybe this people are more down to earth and this is why their stock is doing worse, they know whats coming,...
1) Find a FIBO Slingshot 2) Check FIBO 61.80% level 3) Entry Point > 48.7/61.80%