See how the Rounding Bottom is playing out for CFG. View live chart.
Gradual reversal from bearish to bullish.
Bearish continuation pattern.
Consolidation. Can break either way.
Traders are watching Citizens Financial Group (CFG) as price action tightens. Currently at $60.99, the asset is showing upward momentum (0.69%). The primary technical feature is a Rounding Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $65.43, targeting $75.37 with support near $60.46 (R:R 2.0).
What is your outlook on CFG?