See how the Rectangle is playing out for C. View live chart.
Sideways movement between parallel supports.
Bullish continuation pattern.
Consolidation. Can break either way.
Market participants tracking Citigroup should note the latest formation. The stock is trading at $124.62, down 0.16% on the day. The primary technical feature is a Ascending Triangle formation. This setup is supported by average volume turnover. A potential breakout level is identified at $134.65, targeting $149.55 with support near $119.76 (R:R 1.0).
What is your outlook on C?