Trading idea for Citigroup Inc. (NYSE)

Citigroup Inc. (NYSE)

#C

Sector: Financials. Banks.

The trend is upward. The downward wave structure is truncated. The stock is trading between the 365 and 135 EMAs. The Awesome Oscillator shows bullish divergence, and the Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy on a breakout of 97.50.

Stop Loss — 95.10.

Target levels — 100.50; 102.10.