CITIGROUP INC WEEKLY TECHNICAL ANALYSIS – 08 MARCH 2022

CITIGROUP INC WEEKLY TECHNICAL ANALYSIS – 08 MARCH 2022

CITI GROUP INC. Technical Analysis: Weekly Chart

In the weekly charts, CITI GROUP INC. is trading in the down channel.

It is trading below all SMA.

The immediate support is 53.68 & the resistance level is at 57.28.

CITI GROUP INC. is trading in the down channel until there is a trend reversal.

CITI GROUP INC. Technical Analysis: Daily Chart

In the daily charts, CITI GROUP INC. is trading in the down channel.

It is trading below all SMA.

The immediate support is 54.15 & the resistance level is 57.68.

CITI GROUP INC. is trading in the down channel until there is a trend reversal. 

How to Trade CITI GROUP INC. this Week:

CITI GROUP INC. will follow the downtrend until their trend reversal. So, remain bearish on CITI GROUP INC.

TRADE SUGGESTION- SELL AT 55.57, TAKE PROFIT AT 54.15 AND STOP LOSS AT 57.68

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