August 15, 2013

Cup and Handle of CITIGROUP

  • Daily chart of Citigroup shows a Cup and Handle pattern.
  • Stock is in an up trend as can be seen in chart 2.
  • Crucial support for Citigroup is at 50 Day SMA. The bullish pattern will become weak once price falls below this level.
  • PIN BAR OF CATERPILLAR
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