Citigroup may rise to 68.40 - 69.90

60.6 is our pivot point.

Our preference

As long as 60.6 is support look for 68.4.

Alternative scenario

Below 60.6, expect 58.2 and 56.8.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 62.9625 and 61.5174).

Supports and resistances

71.4 **

69.9 *

68.4 **

67

63.02 (USD-last)

61.6

60.6 **

58.2 *

56.8 **

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