Struggling to Break Eight Year Trend-Line (Highly Overbought) Short Citit to the 50MA around $55 (Blue Line) Daily has become grossly overbought & these condtions can longer be sustianed, a typical chop with multiple rejections off the 2011 trend-line. AMEX:XLFShortby ChartingInsightsUpdated 0
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 SERVICESShortby UnknownUnicorn275666872
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.) TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation7
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... Shortby WinterManOnTheSkyUpdated 111
PMI and KD strategyPMI made KD and trade cycling stocks use PMI kd as a single to trade City Bank by chenyicheng20080
C weekly bullish hammer at MRC bottomBuy Stop 45.08 LMT 45.08 GTC Sell Limit 56.40 GTC Sell Stop 35.62 GTC C weekly bullish hammer at MRC bottom ABC correction seems complete expect at least retracement for wave 4 downtrend or maybe reversal.Longby MishaSuvorovUpdated 2
#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!❤️Longby Diplo_Trades0
CitigroupI think it's a correct H&S, but against the major trend, I take quick profit at 47.50Longby dan686081
C - Daily - UptrendCitigroup is forming HH and HL on a daily timeframe. Long trades can be profitable in near future.by ssabbas1
$C with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $C after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%. Shortby EPSMomentum0
Confluence at the Fib 50The most recent supply zone, the 50 EMA and the Fib .50 have all merged into one area. Earnings reported on Friday beat estimates, RSI is showing strong momentum, so I placed my target at $47.30 this week (10/17/22 to 10/21/22).Longby robinkbrown0
will history repeat? 👀charts very similar to last time we had a earnings report, also bouncing from strong rsi support zone. lets see if history repeats ⚡Longby Vibranium_Capital191928
C Citigroup Inc. Options Ahead Of EarningsLooking at the C Citigroup Inc. options chain, i would buy the $40 strike price Puts with 2022-10-21 expiration date for about $0.71 premium. Looking forward to read your opinion about it. Shortby TopgOptions118
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!❤️Shortby Diplo_Trades330
[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!Longby vincentosh1
Long ideaFlag and breakout. Resistance ->support? Will see. Trade safeLongby UnknownUnicorn3382580113
buffet still has the magic touch! xDif im not mistaken warren buffet put billions into C recently, and its hold up better than so many other plays! my idol still has his magic touch, love to see that! :) watching for longs above 54.90 / shorts below 51.51 Longby Vibranium_Capital6616
C - Pump DumpC appears to have completed its earnings pump with a star to punctuate impulsive termination and now another for the end of corrective ascending channel. RSI bearish divergence. Should be heading down along with indexes. Not advice. Shortby dRends35Updated 229
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 5.3Longby NewroadTraderUpdated 0
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.by PAZINI191
$C with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $C after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%. Shortby EPSMomentum0
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.Longby legacyFXofficial118
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. Longby FIRE_CAPITAL_SG223