Citigroup may rise to 71.00 - 72.40

Our pivot point is at 63.4.

Our preference

The upside prevails as long as 63.4 is support.

Alternative scenario

Below 63.4, expect 60.9 and 59.5.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 62.539 and 62.528).

Supports and resistances

73.9 **

72.4 *

71 **

69.5

65.71 (USD-last)

64.3

63.4 **

60.9 *

59.5 **

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