Citigroup may rise to 67.80 - 69.20

Our pivot point is at 60.

Our preference

Our next up target stands at 67.8.

Alternative scenario

Below 60, expect 57.7 and 56.3.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the stock is above its 20 and 50 day moving average (respectively at 61.076 and 61.9216). Finally, Citigroup has crossed above its upper daily Bollinger band (63.2).

Supports and resistances

70.6 **

69.2 *

67.8 **

66.4

63.46 (USD-last)

60.9

60 **

57.7 *

56.3 **

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