Citigroup, Inc.Long
Citigroup is a sleeping GIANT
I would like to present you the 6month TF, this card shows a slow uptrend, bc the price is trading above the 7EMA line and step to step will reach new highs. Citigroup is a really long run stock, if you want to made a quick profit don't look at it.
I choose this TF merely because it shows that these future months is a stage of accumulation, with 60% upside. Let's answer the question, what's showing indicators.
The RSI has the strong uptrend, and I feel the price will break through the 50 at July 2019, which lead the price to the target $90 p/s. The MACD has made a crossover with its signal line and has the centerline resistance level, but to reach it we need more than 18 months.
How to invest in C?
Simple strategy. If you have some profit from your swing trade take from it 30% to buy some C shares. I'm sure at the end of 2019 you will be happy with your diversified portfolio which will have some percent of C shares.
Good Luck!
ENTER: $65-75
CLOSE: $110 and higher
Likes/Comments, Yes please! :)
I choose this TF merely because it shows that these future months is a stage of accumulation, with 60% upside. Let's answer the question, what's showing indicators.
The RSI has the strong uptrend, and I feel the price will break through the 50 at July 2019, which lead the price to the target $90 p/s. The MACD has made a crossover with its signal line and has the centerline resistance level, but to reach it we need more than 18 months.
How to invest in C?
Simple strategy. If you have some profit from your swing trade take from it 30% to buy some C shares. I'm sure at the end of 2019 you will be happy with your diversified portfolio which will have some percent of C shares.
Good Luck!
ENTER: $65-75
CLOSE: $110 and higher
Likes/Comments, Yes please! :)
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