Citigroup may rise to 70.60 - 72.20

61.2 is our pivot point.

Our preference

As long as 61.2 is support look for 70.6.

Alternative scenario

Below 61.2, expect 58.6 and 57.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading under its 20 day moving average (64.8675) but above its 50 day moving average (63.0922).

Supports and resistances

73.9 **

72.2 *

70.6 **

68.9

64.37 (USD-last)

62.3

61.2 **

58.6 *

57 **

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