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Citi (C) Consolidating Below Trend Breakout

Citi (C) Consolidating Below Trend Breakout

by | Feb 7, 2022 | Chart SetUps

Citigroup (C) setting up in a small bull flag just below a downtrend from the October highs with a breakout move above $67 setting up for a run to $70 in the near-term. Citi has shown relative strength since early January and held the 50% retracement of the big rally off the October 2020 lows.