CITI PHARMA-Sideways Trend for 22% & 35% gain
Short-Term Outlook: The stock is bearish, as indicated by the RSI, Klinger Oscillator, and price action near support levels.
Potential Entry Points: If the RSI starts climbing above 35-40, and the price holds support at 85.60 or 80.01, it could present a buying opportunity.
Risk Factor: If the price breaks below 80.01, expect further downside towards 72.04 or lower.
Confirmation Needed: Look for increased volume and positive oscillator movement before making bullish trades.
Buy-1: 80
Buy-2: 76
Buy-3: 72
Potential Entry Points: If the RSI starts climbing above 35-40, and the price holds support at 85.60 or 80.01, it could present a buying opportunity.
Risk Factor: If the price breaks below 80.01, expect further downside towards 72.04 or lower.
Confirmation Needed: Look for increased volume and positive oscillator movement before making bullish trades.
Buy-1: 80
Buy-2: 76
Buy-3: 72
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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.
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.