CFD Trading – Buy Citigroup Inc. (C.NYS) @ $47.25. Stop @ $45.25 and Target @ $51.25.

Citigroup Inc. Stock Code C.NYS


Price managed to stay above the cloud during a price correction, keeping the uptrend intact. This is also a strong support zone with the upper edge of the cloud and both Conversion and Base lines providing support. Conversion line and Base line remain in a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is below price of 26 days ago but is below the cloud at the moment.  MACD is bullish with both its line above the zero line. MACD is hinting at a bullish price trend. If price can stays above the cloud, it could be heading towards the previous resistance at $51.23 in the next 2-3 weeks.


$47.25                Buy

$51.25                Price Target

$45.25                Risk Management Stop

3 weeks              Trade Duration

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