C trade ideas
C Citigroup Options Ahead Of EarningsLooking at the C Citigroup options chain ahead of earnings, I would buy the $47.5 strike price at the money Puts with
2023-3-17 expiration date for about
$3.05 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
CITIGROUP share to plummet -30.5% CITIGROUP share will be dumped by -30.5% as the bank continues its woeful financial services through the City of London hub.
All banks with financial and operational exposure to the UK Financial Services Industry are going to be SHUT OUT by the end of 2025 from the EuroArea and EURO CLEARING FINANCIAL INFRASTRUCTURE AND CLEARING SYSTEMS.
CITY OF LONDON FINANCIAL SERVICES ARE ILLEGAL AND CRIMINAL ON A GLOBAL SCALE AND THEY ARE GOING TO BE CUT OFF FROM THE EURO AREA AS A QUESTION OF FINANCIAL STABILITY AND SECURITY FOR THE EURO AREA AND ITS CITIZENS.
CITYGROUPS SHARES have been already on a constant decline and downtrend, however, powerful dumping of the stock could be a possibility as CITIGROUP will lose access to the EURO AREA CLEARING INFRASTRUCTURE FOR ITS EMEA FINANCIAL SERVICES
Citi Could Be SputteringFinancials like Citi have bounced sharply since mid-October. But now the move could be showing signs of fatigue.
The first pattern on today’s chart is the series of lower highs since November 11. Combined with the low around $47.40 on November 17, that could form a bearish descending triangle that prices are now threatening to break.
Next, consider the weekly chart. C formed three successively lower highs. Last week also featured the second consecutive bearish inside candle. Those patterns may suggest its longer-term downtrend remains in effect after a period of consolidation.
Finally, the shorter-term trend could be more bearish as MACD and the 8-day exponential moving average (EMA) turn negative. (This chart includes our MA speed custom script with the 8-day EMA.)
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Citi - still downtrend - no signal for longhi
citi is my favorite bank to play. it is funny bank, when bankers can play how they want the money without any control, and then lost their job. I don't know what kind of procedure they got but it does not work ...
I think that this bank is manipulated a lot, lot of people - big fishes have got stocks in their pockets, bought roughly very cheap below 11 usd... they who knew that usa will help the bank, they became a rich men ...
right now, we know that fed is going to kick up the rates very sharply, 2023 is still negative year for spx... dolar is still being played hard long, yen down, all other minor currencies also. Everybody are right now playing bonds and rising costs of debts...
Please look on the chart. I think that we are moving 32 USD, and then level down can be 27 even. I think that scenario right now is 32 usd... it is going down, no signal for going up...
I wish you good luck.
My idea drinking coffee..
best regards for tradingview for their positive look on my work...
#CITI long ideaHello dear Traders,
Here is my idea for #C
Price closed above yellow line (previous month high)
Price closed (15min Chart) above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
Citi Short EntryHello dear Traders,
Here is my idea for #C
Price closed below yellow line (previous month low)
Price closed below purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
[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!
Buy $C - NRPicks 01 AprCitigroup Inc., a financial services holding company, provides a variety of financial services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. It operates in two segments, Global Consumer Banking and Institutional Clients Group.
Revenue TTM 74B
Net Income TTM 21B
Net Margin TTM 30%
P/S 2.08
P/B 0.58
P/E 5.3
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.