The chart pattern in Citigroup (C) has the look a price structure that's on the verge of thrusting to the upside to enter a secondary powerful upleg off of the low at 3.63. The optimal swing target is 4.20/22, and an outside target zone is 4.38-4.44 thereafter. Only a decline that breaks 3.89 will compromise the current bullish set-up.
Originally published on MPTrader.com.
