CITIGROUP
(C-NYSE):
Technical Viewpoint: From a low
of $42.48 on Aug 4, 2003 prices
rallied, reaching a
high of $45.58
on Aug 13, 2003. A
decline saw prices pull back, reaching a
low of
$42.55 on Aug 28, 2003.
Another rally saw prices penetrate
resistance, closing 9/18/03
at $46.65. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Sep 16, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $43.50. Resistance: Is at $47.00.
Point & Figure: Reversed to the upside on Sep 8, 2003. A P&F upside
reversal takes place at $45.00. Summary: Technical indicators have turned bullish. BUY! CITIGROUP
(C-NYSE) @ $46.88 Stop: Use a protective stop of $44.88.
CITIGROUP is currently trading @ $46.65 plus $1.71 on Sep 18, 2003. Price Objective:
$59.00. Risk/Reward: $2.00 VS. $12.12. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$59.00
Risk/Reward:
$2.00 VS. $12.12
Risk/Reward Ratio:
6:1
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