CTGP34 trade ideas
C - Long to $47.20 and $49.50NYSE:C
Just an idea:
Entry now $43.50
Take profit $47.20 and $49.50
Stop loss or hold long is up to you
Disclaimer!
$C - can it do it? $BAC and $C are not as bad as $WFC but not as good as $AXP - watching them closely
$AXP and $MC definitely have the buyers at this point. Buffet moving funds from $WFC to $C maybe a tiny boost to get this to pick up a bit more
$C - gearing upCharts are showing some positive signals. Maybe the sector will continue to move upward.
let's make some profits againhere is a stock that was discussed with a client , for now the consolidation shows the nature of the next move.
PM in case you are not familiar with the trade box.
I will link some ideas where same strategy was used.
CI will try this long in C again (after getting stopped out last time with a small profit), but only at the bottom of this broadening formation around $47.8 - $48. Targeting a quick return to the top of the formation around $56-$57 with a lotto call. Included a comp to 2014 to show what this MAY look like.
CITIGROUP Primed for modest gainsNice crab formation developing.. should see some modest easy gains over time. Nothing special to write about. Easy easy... Just be sure to watch this one as it completes it could tank or hold for additional bullish momentum.. but in the interim.. and easy trade.
C Long for Week of 8.9C looking like a potential buy for the week or two.
Enter point: 52.40. Stop: 49.50
Targets:
Target 1: 53.80
Target 2: 56.00
Target 3: 57.50
Best of Luck,
--d0x
Citigroup Elliott Wave PerspectiveDo not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
Please support us to help more people..
break above 52.75 and hold then run to 56 $C very coiledCiti is very coiled and with more government stimulus you can expect banks to have a similiar up tick to last stimulus
SC looks like it wants a monster breakout? up or down be readyso tightly pinned between anchored vwaps at crucial levels of interest
Buy on CITIGROUPOur view on this Stock for today
Entry 49.73
SL 48.98
TP 388
----
Stay connected with us for further trades
Trading Kitchen
