Citigroup Support & Prediction
I believe the market support is going to be around $67 for the next few weeks, and a short call of it going to reach a $70 market price within a timely manner is reasonable. The negative correlations and left skewed spread though seems unattractive to investors, but it is still not considered a high risk stock. Overall Citigroup is investable for a conservative portfolio and both an expectancy of it surpassing the $70 price, as well as strong market support trailing at $67 in the meantime, is a reasonable analysis.
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