See how the Double Bottom is playing out for C. View live chart.
Reversal pattern after a downtrend.
Gradual reversal from bearish to bullish.
A clear signal has emerged for Citigroup (C) on the daily chart. Price has moved to $132.19 (0.24%) amidst recent volatility. The primary technical feature is a Double Bottom formation. The trend indicator is reading 38.2/100, suggesting moderate momentum. A potential breakout level is identified at $147.96, targeting $168.84 with support near $137.52 (R:R 2.0).
What is your outlook on C?