CITIGROUP
(C-NYSE):
Technical Viewpoint: From a low
of $47 1/8 on Feb 25, 2000 prices
rallied, reaching a
high of $54 3/4
on Mar 2, 2000. A
decline saw prices pull back, reaching a
low of
$47 3/4 on Mar 13, 2000.
Another rally saw prices penetrate
resistance, closing 4/10/00
at $62 1/4. Technicals: RSI Index (RSI): A Buy Alert!
was given on Apr 10, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $58.00. Resistance: Is at $63.19.
Point & Figure: Reversed to the upside on Apr 10, 2000. A P&F upside
reversal takes place at $59.00. Summary: Technical indicators have turned bullish. BUY! CITIGROUP
(C-NYSE) @ $62 3/4 Stop: Use a protective stop of $59 7/8.
CITIGROUP is currently trading @ $62 1/4 plus $3 1/4 on Apr 10, 2000. Price Objective:
$73.00. Risk/Reward: $2 7/8 VS. $10 1/4. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$73.00
Risk/Reward:
$2 7/8 VS. $10 1/4
Risk/Reward Ratio:
3:1
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