Citigroup, Inc.

Rectangle Top

148
This has broken to the downside after violating the bottom trendline of the rectangle.

Target possible listed below but is getting close to the 100% fall from the rectangle. The width of the rectangle is used to project targets. It is a guesstimate only. Price can fall further or less than the 100% mark.

A bear flag formed before the break of the bottom trendline of the rectangle which represents support until broken. It is now resistance.

C broke the bottom trendline on the 5th touch. Bullish candle today.

No recommendation

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