falling cycle -11.97% in 9 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's...
Quick Analysis about C:
Is filling the GAP on the Daily and we the news that they were doing a layoff of a lot of employees that brings more liquidity and the company could see a spike in the share price.
Biggest Resistance around 46 level, but if it breaks we could see the 47s and even the 48s. However if we go back below 44, we could get back to our previous...
CITI is going to go Bankrupt
I will let the chart do the talking but their fundamentals now and since the Great Financial Crisis are in line with the chart projections
Timeframe: between 2030-2035
RIP CITI
If you haven`t bought the dip on Citigroup here:
Then analyzing the options chain and the chart patterns of C Citigroup prior to the earnings report this week,
I would consider purchasing the 41.50usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $1.06.
If these options prove to be profitable prior to the earnings...
█ SIMPLISTIC ANALYSIS </
Current Market Trend: short/sellers/negative.
Next Wave: buy wave to the rangeline.
Next Swing: negative swing to support.
Trade Type: Touch & Go don't wait for a close.
█ EARNINGS AT A GLANCE </
Release Date: 10/13 BMO
Earnings Anticipations: positive surprise for EPS & Revenues.
Surprise-Confidence on a scale of 0-5: #3
EPS & Revenue...
Concerned about the action I'm seeing out of financials but most especailly with NYSE:C here at 40. It is hard to see how this stock makes it out of the position it's in without going down further. We will be watching to see if bulls capitulate at 40 or not. Good luck traders
Banks aren't sexy these days but check this level. Nothing to do at the moment, if you want to play safe wait until price breaks out the downline. If you are aggressive buy now and very tight SL (~37).
Citigroup is another bank breaking down...
Until it can regain lost support (now resistance), its on a slippery slope with downward bias.
#citigroup #banks #inflation #recession #fintwit
I'm exploring a pairs trading strategy involving two giants in the banking industry, Citigroup (C) and Wells Fargo (WFC). Both banks are well-established and have a wide range of financial products, but there are key differences that present a trading opportunity. The idea is to go long on Citigroup and short on Wells Fargo, aiming to capitalize on their reversion...
Citi looks interesting - there is horizontal support around 40.60 and price is also testing upper range of downward channel. Should we get a break to the upside, initial TP would be 48.50 - 48.90 - next level of initial resistance. Stop loss on a long from here would be a close below 38.70. As always, wait for confirmation of breakout before entering any long position.
Citibank Opportunity - NYSE:C
Company Market Cap: $82.2 billion
Share Price Today: $42.68
Dividend: 0.53c per quarter (Annual Dividend of c.$2.06)
Annual Dividend Yield: 4.82%
Next Earnings Report: Friday 13th October 2023
Citibank (Citigroup) is the 20th largest bank in the world & a member of Global Systemically Important Financial Institutions...
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
The 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 50%.
Underperforming Stock and Concerns over Business Transformation: A Closer Look at Citigroup's Valuation
Citigroup's stock has been underperforming despite its relatively cheap valuation. Investors have expressed worries about the potential execution risks associated with the bank's ongoing business transformation efforts. This has raised questions about the...
