Citigroup is next

Posted on January 6, 2014 by Stock Trade Journal

Citigroup (C) is trying to break out above $54 following the lead of other banks. It had a very strong day Friday and it is supported by the relative strength in the financial group. The prices in the chart indicate that there is little technical resistance beyond $54 and until $100, so economic and fundamental date will drive its price moving forward.

About Stock Trade Journal

The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders. This blog is also a way to share my experiences and observations in the market.
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