CITIGROUP INC
(C-NYSE):
Technical Viewpoint: From a low
of $47.37 on Apr 11, 2006 prices
rallied, reaching a
high of $48.72
on Apr 20, 2006. A
decline saw prices pull back, reaching a
low of
$47.15 on Apr 27, 2006.
Another rally saw prices penetrate
resistance, closing 4/28/06
at $49.95. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 28, 2006 when the Histogram crossed the "0" line to the upside.
Support: Remains at $45.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Mar 24, 2006. A P&F upside
reversal takes place at $46.00. Summary: Technical indicators have turned bullish. BUY! CITIGROUP INC
(C-NYSE) @ $50.13 Stop: Use a protective stop of $47.63.
CITIGROUP INC is currently trading @ $49.95 plus $1.80 on Apr 28, 2006. Price Objective:
$61.00. Risk/Reward: $2.50 VS. $10.87. Today's Risk Reward Ratio: 4:1
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