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CITIGROUP INCCITIGROUP INCCITIGROUP INC

CITIGROUP INC

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C trade ideas

[8 Sep] Financials Rebound [Reversal Trade]How I idealised this trade: Woke up slightly later than usual and as I tried to catch up with the market happenings, I realised that whilst the S&P500 has had a great rebound, my portfolio (mainly SPY and blue chip tech stocks) was relatively flat. Digging in further I soon realised that the financials were leading the rebound for S&P 500. I compared severable financial tickers before deciding that C has the best and most suitable setup that I'm comfortable with. I did consider an options play on this, but I'm still quite amateur at selecting strikes and expiry dates for swing plays (If anyone can kindly advise do let me know!) Entry: 49.6 Stop: 47.5 TP: 53.9 Recall that the current economic climate remains hawkish as the Fed is determined to reduce overall demand (with the increase of interest rates) to combat inflation. The overall thesis behind this is that banks will stand to benefit from rising rates in the short run, therefore a bullish outlook for the financials. Open to sharing ideas, do let me know if you have any thoughts in the comments section!
NYSE:CLong
by vincentosh
Analysis on CitigroupHello! As we see on the graph, we have small candles with small wicks and on top of that we see that the vwap indicator has taken a white color and that means that there is a balance between buyers and sellers . But, we might have an uptrend if the vwap indicator and the resistance line are forcefully broken by a large green candle and followed by large green volume. On the other hand, we would have a bearish trend if the vwap indicator as well as the support line are forcefully broken by a large red candle and accompanied by a large red volume. Thanks for your attention.
NYSE:C
by PAZINI19
CITIGROUP - LONG TERM BULLISH SCENARIOInteresting week ahead for Citigroup The company will report earnings on 07.15.2022 before the market opens, with strong expectations for the fiscal Quarter ending Jun 2022. Also, the American multinational investment bank is near its major support level, and it is ready to test it. The $40 support was tested several times throughout the years, which formed the range of a six-year range channel. The long-term resistance is located at the $80 level. In other words, the investors may expect a 100 % possible long-term return. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:CLong
by legacyFXofficial
1
LONG Citigroup, most undervalued US bankReasons to buy: -one of warren buffet's recent buys -Trading below 5 year avg p/b valuations (0.80) at 0.51 -Book value of 94USD per share, fair value = 75USD per share VS current price of 46USD (63% upside) -4% dividend yield -Cheapest out of all US banks -Rising interest rates pushes up Net interest margins While slowing economic growth will curtail near-term loan growth, expect that rising interest rates, robust economic growth, and moderating inflation will provide a good tailwind for banks. These factors will lead to rising interest income, maintaining low default rates, and lowering charge offs.
NYSE:CLong
by FIRE_CAPITAL_SG
2
CITI GROUP: INVESTMENT IDEA #1Citi group is currently down 38.3% from 52 week highs, another interesting factor is that C was gaining while the market was falling. Buffets $3b investment in C is one of many recent purchases he made. We should also be aware we may be approaching a recession as 10-year yields are growing. Current Analyst rating are indicating a "buy" signal and 1 year target is around $65. Keep in mind Citi Group also needs to nail Q2 2022 Earnings Report if it wants to see growth. Citi Groups P/E ratio is also at 5.62 indicating its slightly undervalued, and C has a low P/B ratio that is consistently decreasing. Technically if we break above 54.12, I see 54.28, and if we break above 54.28 I can see $57.90+. Momentum is also Slightly increasing.
NYSE:CLong
by deadshottt
3
Long Citigroup: Inverted Head & ShouldersNYSE:C An inverted head & shoulders pattern is developing on the Citigroup weekly chart. The weekly RSI just left oversold levels; after laying out what could be the right shoulder of the inverted H&S. The height of the "head" is approximately $48. Applying fib extensions and a standard pitchfork to approximate a target. The 1.0 fib extension is almost exactly $48 from the bottom of the right shoulder. The median line of the standard fork crosses this target in December '22. Although the pitchfork covers the 1.0 fib extension level until December '23. (LEAPS Anyone?) The financial sector should benefit from rising rates throughout the rest of the year. I'll start scaling into a position once momentum confirms. Technical Entry Signals Entry #1 - Price above 9w EMA Entry #2 - Price above 20w EMA Entry #3 - 9w EMA cross above 20w EMA
NYSE:CLong
by Cousin_Fat_Fat
4
Citigroup Inc. (C) bullish scenario:The technical figure Falling Wedge can be found in the US company Citigroup Inc. (C) at daily chart. Citigroup Inc. or Citi (stylized as citi) is a US-American multinational investment bank and financial services corporation. Citigroup is the third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States. It is considered a systemically important bank by the Financial Stability Board and is commonly cited as being too big to fail. It is one of the nine global investment banks in the Bulge Bracket. The Falling Wedge has broken through the resistance line on 05/05/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 8 days towards 54.85 USD. Your stop loss order according to experts should be placed at 47.78 USD if you decide to enter this position. Citibank, N.A. said today it has raised its base lending rate to 4.00% from 3.50%, effective tomorrow, Thursday, May 5, 2022. Citi has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, further increasing the bank’s global Instant Payments offering. The launch will provide clients with the ability to pay to and receive from 36 SEPA countries instantly. The offering allows SEPA Credit Transfers to be made within seconds, 24/7 and funds available to recipients immediately. Payments can be made to and received from SEPA Instant participating banks located anywhere within the 36 country SEPA zone. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:CLong
by legacyFXofficial