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Citigroup price collects profits - Forecast today - 01-05-2024
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Citigroup price collects profits - Forecast today - 01-05-2024
May 1, 2024 7:23 AM

Citigroups stock price fell in the intraday levels on profit-taking, while gathering positive momentum to rise anew, as it also tried to vent off overbought saturation in the RSI with negative signals out of them, amid the dominance of the main upward trend in the short term, with positive pressure from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the pivotal resistance of $63.90.

Trend Forecast: Likely Bullish

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