Intraday Technical Analysis Of Citigroup Inc.
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Today’s instrument is Citigroup Inc.’s stock traded in the NYSE exchange under the ticker C.
Looking at the C’s chart, we can see that it has been in an uptrend lately and it was lastly traded at around $48.70.
Tomorrow it is announcing its quarterly earnings and if the market’s anticipation is positive, then we should expect it to rise toward its resistance level at around $50.50.
On the other hand, if the market’s anticipation is negative on the results, then it could fall toward its support level at around $44.50.
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