CITIGROUP INC. Stock Code C.NYS
Price broke above the cloud on 19 July, changing the chart trend to bullish. Since the break above the cloud, price has been consolidating just above the cloud. Conversion and Base lines remains in a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish trend. MACD is bullish with both its lines above the zero line. We think price is likely to move higher to the previous high at $57.15 in the next 2-3 weeks.
$57.15 Price Target
$48.80 Risk Management Stop
3 weeks Trade Duration