See how the Rounding Bottom is playing out for C. View live chart.
Gradual reversal from bearish to bullish.
Market participants tracking Citigroup should note the latest formation. With a last close of $129.58, volatility remains active (2.61%). The primary technical feature is a Rounding Bottom formation. The trend indicator is reading 49.7/100, suggesting moderate momentum. A potential breakout level is identified at $130.99, targeting $159.97 with support near $116.5 (R:R 2.0).
What is your outlook on C?