Citigroup Inc ($C) : Watch for kumo breakout

Citigroup (C), has rallied from a low of $37 and has gap up in the last few days. Currently, it is trading within the kumo and is in a trendless state. A break above the kumo will give us a bullish confirmation. We already has a weak bullish signal from its Tenkan sen – Kijun… Continue reading Citigroup Inc ($C) : Watch for kumo breakout

Chart Review of Citibank (C)

Citibank. Much as I am bearish about its prospect for a long time to come, I have to acknowledge that there are factors beyond me that has prevented this company from going down completely. Rather than figuring out such issues, let’s just focus on the chart and see if there are areas where we can… Continue reading Chart Review of Citibank (C)