Still in solid uptrend. Test of uptrend line is a logical move, especially on market weakness
Tough to judge from here, but it could be another shorting opportunity if that fails. Good to take note and see if price finally pushes above recent swing high $47.92 area if not expect another possible violation of the rising support line. Join us woowtrading.net
CitiGroup Chart on daily interval shows that the Williams %R and Stoch RSI are way high and a possible retract is possible. Any ideas? supporting me or correcting me if i am wrong.
Volume flatlined (have to check if correct BATS), could easily see 38 on poor EPS.
Citibank C is the first to report bank earnings Monday April 15 before the market open. If you think bonds might have a chance to break higher and or you believe Citibank might scale down it's 2013 guidance, Friday would be a good time to short the market. If you think bonds are ready to break lower or Citigroup is going to beat analyst expectations, you should...
possible long entry off 50 day EMA . need to wait for appropriate set up and confirmation breakout
Watch for breakout with green candle on strong Volume
Would be an interesting name if the market started to slip.