Citigroup may rise to 68.40 - 70.60

Our pivot point is at 58.2.

Our preference

Short term rebound.

Alternative scenario

Below 58.2, expect 54.5 and 52.3.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the stock is trading above its 20 day moving average (60.7775) but under its 50 day moving average (62.2126).

Supports and resistances

72.8 **

70.6 *

68.4 **

66.1

61.31 (USD-last)

59.6

58.2 **

54.5 *

52.3 **

Number of asterisks represents the strength of support and resistance levels.