Citigroup, Inc.

Rectangle

143
Mid rectangle is 70.30 and can be a good stop for whichever way you think this may go, up or down.

A break of support. or the bottom trendline would be a downward break.

This is a consolidation pattern and price may remain inside for quite some time but eventually, the market will make a decision.

A rectangle is a neutral pattern and needs 5 touches, 3 to one trendline and 2 to the other. This one is trying to touch for the fifth time. It can go up and down inside for a while though,

Possible bear flag.
No recommendation

Penafian

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