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Citigroup

C Golden Cross and similar price action to 2016/7Citi (C) has just made a Golden Cross (50d SMA crossing 200d SMA). The crosses in Sep 12 and Sep 16 were followed by 75%+ increases in price, so this is primarily a Golden Cross trade. The price/action into the Sep 16 GC is very similar to that from Jan 18. Also the bullish consolidation into earnings, followed by the pullback on account of the macro market and going ex-div May 3, means we can hope for a retouch of the 200SMA and enter at 65.70. The stop is placed at 60, the consolidation low, and a modest 36% target of 90 gives us 4.26:1 trade.
NYSE:CLong
by adatherton
Citigroup Short July Iron Condor w/ sideways channelCitibank has been trading within a horizontal range and sideways channel between 65.50 and 69 for the past fourteen trading days. Because of this, we are shorting the iron condor by writing the 69 calls and 65.5 puts for the initial strangle, and going half a dollar out on each side to acquire the protection (longing the 69.5 calls and 65 puts), thus turning the strangle into an iron condor. Being slightly below the money, it is somewhat bearish but created such that it aligns with the historical channel. By using the July 5th options, which are eight trading days away, we expect Citi to stay within the channel. This trade is done for a max profit of 30 and a max loss of 20 because the credit is .30/contract. This gives us break-evens of 65.2 and 69.3, and a better risk reward ratio (30/20) is received when the trade is done with calls instead of puts (29/21). This maximizes profit potential.
NYSE:C
by LaurenTrading
4
Daily C(Citi) forecast timing analysis by Supply-Demand strength21-Jun Investing strategies by pretiming Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk Supply-Demand(S&D) strength Trend Analysis: In the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises and downward fluctuations. Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend. View a Forecast Candlestick Shape Analysis of 10 days in the future: www.pretiming.com (You can easily create a trading plan.) D+1 Candlestick Color forecast: RED Candlestick %D+1 Range forecast: 0.3% (HIGH) ~ -1.7% (LOW), -1.0% (CLOSE) %AVG in case of rising: 1.6% (HIGH) ~ -0.5% (LOW), 1.3% (CLOSE) %AVG in case of falling: 0.4% (HIGH) ~ -1.5% (LOW), -0.7% (CLOSE) Price Forecast Timing Criteria: Price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
NYSE:CShort
by pretiming
Earnings for C, Citigroup Bank: HFT Gap ExpectedCitigroup reported ahead of open today which indicates it hoped that the market open would inspire buying of its shares of stock. HFTs are set to trigger on earnings news. How it might gap depends on the algorithm focus, retail crowd reactions, retail broker expectations, and the triggers set ahead of open. C has the same negative divergence as AAPL has on the weak “rally run” up after bouncing off of technical support levels best seen on a weekly chart. Today’s chart is a daily chart to show that the run is weak and poised for a potential gap.
NYSE:C
by MarthaStokesCMT-TechniTrader
1