CITIGROUP - LONG TERM BULLISH SCENARIO
Interesting week ahead for Citigroup
The company will report earnings on 07.15.2022 before the market opens, with strong expectations for the fiscal Quarter ending Jun 2022.
Also, the American multinational investment bank is near its major support level, and it is ready to test it. The $40 support was tested several times throughout the years, which formed the range of a six-year range channel. The long-term resistance is located at the $80 level.
In other words, the investors may expect a 100 % possible long-term return.
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The company will report earnings on 07.15.2022 before the market opens, with strong expectations for the fiscal Quarter ending Jun 2022.
Also, the American multinational investment bank is near its major support level, and it is ready to test it. The $40 support was tested several times throughout the years, which formed the range of a six-year range channel. The long-term resistance is located at the $80 level.
In other words, the investors may expect a 100 % possible long-term return.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
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