CFD Trading – Buy Citigroup Inc. (C.NYS) @ $48.70. Stop @ $45.70 and Target @ $53.90.

Citigroup Inc. Stock Code C.NYS


Price broke above the cloud on 10 November and reached a high at $50.57. Price went into a correction after that high. During the correction, price was supported by the Conversion line and the cloud, keeping the uptrend intact. Conversion and Base lines had a bullish crossover earlier, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish with both lines above the zero line. We think price is likely to move higher to the previous price high at $53.92 in the next 2-3 weeks.


$48.70                Buy

$53.90                Price Target

$45.70                Risk Management Stop

3 weeks              Trade Duration

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