Magnifying previous analysis on Citigroup
Low risk trade/investment in Citi.
Note
Trade reflection 11 months later. POOR STOP PLACEMENT. Didn't consider major interior support at 45 - 47. No particular pattern. The weekly close on 1/05 was extremely negative to go long. Weekly close on 2/09 at $51 was a new signal to go long (I did not). In general this was a choppy trade as I still believe $50 at the time was a decent entry px.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.