See how the Rectangle is playing out for CFG. View live chart.
Sideways movement between parallel supports.
Gradual reversal from bearish to bullish.
Consolidation. Can break either way.
Bullish continuation pattern.
Traders are watching Citizens Financial Group (CFG) as price action tightens. Price has moved to $62.67 (-0.25%) amidst recent volatility. Algorithmically, a Rounding Bottom structure has completed. The trend indicator is reading 15.4/100, suggesting moderate momentum. A potential breakout level is identified at $66.37, targeting $77.65 with support near $60.73 (R:R 2.0).
What is your outlook on CFG?