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CITIGROUP
(C-NYSE):
Technical Viewpoint: From a low
of $47 3/4 on Mar 13, 2000 prices
rallied, reaching a
high of $65.44
on Apr 12, 2000. A
decline saw prices pull back, reaching a
low of
$56.44 on May 10, 2000.
Another rally saw prices penetrate
resistance, closing 6/14/00
at $67 1/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 15, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $62.00. Resistance: Is at $64 7/8.
Point & Figure: Reversed to the upside on Jun 14, 2000. A P&F upside
reversal takes place at $69 1/2. Summary: Technical indicators have turned bullish. BUY! CITIGROUP
(C-NYSE) @ $67 3/4 Stop: Use a protective stop of $64 7/8.
CITIGROUP is currently trading @ $67 1/8 plus $1.82 on Jun 14, 2000. Price Objective:
$83.00. Risk/Reward: $2 7/8 VS. $15 1/4. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$83.00
Risk/Reward:
$2 7/8 VS. $15 1/4
Risk/Reward Ratio:
5:1
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