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...
XABCD- should be a correction but the general direction after the correction is DOWN.
Good long opportunity here. I'll be writing some $39 puts here for the premiums. Use a stoploss, thanks
The PEAD projected a bullish outlook for NYSE:C after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Underperforming Stock and Concerns over Business Transformation: A Closer Look at Citigroup's Valuation Citigroup's stock has been underperforming despite its relatively cheap valuation. Investors have expressed worries about the potential execution risks associated with the bank's ongoing business transformation efforts. This has raised questions about the...
Detected 21 - Jul straddle is significant. More than 2.4M$. We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Use them in combination with our own strategy, not in alone. Stay tuned! We do the best research as we can to find new opportunities in the massive amount of information every day to help...
Price keeps pushing higher. It found the downtrend resistance but it wasn't pushed back down to hard. Actually the price is testing again the resistance and I think eventually is going to break up. We may see another small rejection but bulls are in control at the moment. The nice this thing about this trade is that Citigroup pays dividends (%4.03 yield, not bad)....
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...