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Wednesday, 13 March 2013

Citigroup Inc: 13 March 2013, Wednesday, 10.43am Singapore Time

Following the Technical Analysis of Citigroup made on 11 December 2012,
http://donovan-ang.blogspot.sg/2012/12/citigroup-inc-11-december-2012-tuesday_11.html
where the following were made:

Citigroup (NYSE: C) is expected to break up $38.41-$38.74 Resistance R with reasons as above.

Support 1 at $35.35-$36.81 first entry.
Support 2 at $31.70-$33.44 second entry.


Citigroup has reached the targets as expected last Decemeber and is now $46.95.

The following is the follow-up of Citigroup (NYSE: C) Technical Analysis:
Citigroup Inc: 13 March 2013, Wednesday, 10.43am Singapore Time

Citigroup, based on the Price Structures, will break up $50.50 resistance and target for minimum of $53.00 as a conservative calculation. The BUY points have been illustrated above.

Follow up:
Citigroup (NYSE: C) is expected to further break up $50.50 Resistance with price structure as attached above.


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