Citigroup may rise to 68.80 - 70.20

Our pivot point is at 62.

Our preference

The upside prevails as long as 62 is support.

Alternative scenario

Below 62, expect 59.7 and 58.3.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 62.6195 and 61.0252).

Supports and resistances

71.7 **

70.2 *

68.8 **

67.4

64.07 (USD-last)

62.9

62 **

59.7 *

58.3 **

Number of asterisks represents the strength of support and resistance levels.