Citigroup's most recent trend suggests a bearish bias. One trading opportunity on Citigroup is a Bear Call Spread using a strike $51.50 short call and a strike $56.50 long call offers a potential 11.86% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $51.50 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock rose above the $56.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Citigroup is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Citigroup is bearish.
The RSI indicator is at 29.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citigroup
This is the most important thing to watch this week
Sun, 11 Jan 2015 14:18:13 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/C.nh7mhYw7aide3o9wgabQ–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@4c801332-c0df-34ff-8d49-9ee3a1eaf2ab_FULL.jpg
Citigroup makes last-minute cut in year-end bonuses for traders
Sat, 10 Jan 2015 01:05:16 GMT
Citigroup traders will get smaller bonuses this year
Fri, 09 Jan 2015 23:19:00 GMT
General Motors Is the Top S&P 500 Stock to Own for 2015
Fri, 09 Jan 2015 21:25:00 GMT
Citigroup makes last-minute cut in year-end bonuses for traders
Fri, 09 Jan 2015 21:14:12 GMT
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