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Citigroup Inc (C) Approaches New Upside Target of $68.69

By Nick Russo

Citigroup Inc (NYSE:C) has opened bullishly above the pivot of $68.07 today and has reached the first level of resistance at $68.30. Investors may be interested in a cross of the next upside pivot targets of $68.69 and $69.31.

In the past 52 weeks, shares of Citigroup Inc have traded between the current low of $0.00 and a high of $80.70 and are now at $0.00. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Potential upside of 0.0% exists for Citigroup Inc, based on a current level of $0.00 and analysts' average consensus price target of $84.33. The stock should run into initial resistance at its 50-day moving average (MA) of $68.35 and subsequent resistance at its 200-day MA of $72.41.

SmarTrend is tracking the current trend status for Citigroup Inc and will alert subscribers who have C in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts citigroup inc

Ticker(s): C