May 24, 2010

CITIGROUP INC (C+F) bullish reversal formation

CITIGROUP DAILY CHART
  • DAILY Chart is showing a BULLISH ENGULFING Candlestick pattern
  • Stock has managed to close above 200 SMA.
  • There is good positive divergence in MACD.
  • Immediate resistance at 21.60 Trading above that the stock will move to 23.
thank you

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