Pennant at the top of the rally, indicators / price divergence. Expect a ST correction to $ 40.17 - 39.09.
When the chat rooms dedicated to penny stocks start to tout C, it's time to short.
Negative RSI,MACD cross, and rising wedge on lower volume. Stock looks to sell off to at least 40.
Doji hows indecision, watch for a above 10MA supported by R1, or drop below to fill the gap
If C breaks below 42, it could see 40.
Well support becomes resistance --> in this case it is true. MACD negative divergence, i would wait for break below prior low to short it.
notes on chart
Notes on chart.
C is going to 40.
near completion of a bearish Gartley on this weekly chart into earning, if gets through a Crab still a possibility to 70
C could sell off to it's gap around 40.
Based on past readings of these oscillators Citi looks like its about to be taken to the wood shed...
I think the double bottom is not that attractive now, it looks this rally will not last that long. If u are long consider to protect your profit.
Shorting C for a Target of 32
Intra-day chart patterns can help make big profits, using weekly options, on Fridays.
