Monday, May 12, 2008

C Citibank (stock C)- Opportunity for traders

Citigroup, Citibank, C, is pulling back and resting on 200 days moving average.
For those who believe the worst is over for financial companies, this is an entry point with a tight stoploss.

1 comment:

  1. For those who like to avoid company specific risks of Citibank, etc, XLF- Financial stocks ETF- is also resting on 200 days moving average so can be played with a 50 cents risk (stoploss)

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What is wrong with my trading? The other me who keeps screaming inside me that the market is too risky. It is about to crash!!! It is actually killing me instead.

This all started in 2020. Two of my accounts were reaching 7 digits and I wanted to go all cash once they crossed that benchmark but I was 3...