Citigroup(C) Bullish Butterfly and 70 long opportunity
As the stock market pulls back, it will be exciting to do the bottom-up strategy.
C has a potential bullish butterfly pattern and the entry will be near 70.00, which no doubt will be lots of buying orders.
In an investment mindset, long in front of 70.00 and put the out below 65.00 will be a solid strategy,
while in a trading mindset, an intraday reversal sign near 70.00 will be necessary as we won't know how and why it went there.
I like both though!
Let's see how it goes!
C has a potential bullish butterfly pattern and the entry will be near 70.00, which no doubt will be lots of buying orders.
In an investment mindset, long in front of 70.00 and put the out below 65.00 will be a solid strategy,
while in a trading mindset, an intraday reversal sign near 70.00 will be necessary as we won't know how and why it went there.
I like both though!
Let's see how it goes!
Kommentar:
Right here! still got to wait for reversal sign before taking the long!
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