today we'll revisit citigroup technical analysis for online market trading, you can read the previous post here.
our bearish advice was in place, and the stock value dropped gaining all short positions and put holders.
now for updates, weekly graph of citigroup shows no bullish signs or recovery,
1- still supported at 24.15 which is the 0% retracement of fibonacci.
2- resistance of MA11 is still valid.
3- RSI resist pattern.
consider shorting the stock or rehedging on break of 24$, suggest long entry only on
29.5$ break.
We Moved!!
Please check our new site : The stocks profit, for
Stock Research
you can also subscribe to its RSS feeds or newsletter to get updated when new analysis is posted
GO ahead and click in!read the latest technical analyis of all the TSX, NYSE, NASDAQ, AMEX stocks and find
hot stocks
enjoy
Shadi
Stock Research
you can also subscribe to its RSS feeds or newsletter to get updated when new analysis is posted
GO ahead and click in!read the latest technical analyis of all the TSX, NYSE, NASDAQ, AMEX stocks and find
hot stocks
enjoy
Shadi
Thursday, February 21, 2008
Citigroup Inc (C) Technical Analysis - revisit
That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,
feel free to leave your comments on the post, or contact me
enjoy your online market trading!!
have a nice day,
Shadi
to get back to main page click here .
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment