Citigroup may rise to 71.30 - 73.10

Our pivot point is at 62.2.

Our preference

The upside prevails as long as 62.2 is support.

Alternative scenario

Below 62.2, expect 59.3 and 57.6.

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 64.216 and 63.0084).

Supports and resistances

74.9 **

73.1 *

71.3 **

69.5

65.14 (USD-last)

63.4

62.2 **

59.3 *

57.6 **

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