Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
CitiGroup's stock (C) surged in the intraday levels, amid the dominance of the upward short-term correctional trend, managing to shake off negative pressure from the 50-day SMA, with positive signals from the RSI, while marking a strong profit of 4.78% in the last session, or 2.26 points, settling at 49.56.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 53.20.
Expected trend for today: Bullish