Citigroup Hits Two-Factor Support Level: Expect A Bounce To $64

 | Dec 06, 2018 10:58PM ET

Shares of Citigroup (NYSE:C) tagged an epic pivot support form 2015 on Thursday as well as the weekly 200 moving average. This two factor support puts the likelihood of a bounce at 85% in the coming month. At a current price of $58.85, investors can expect a bounce back to $64.00 in that time frame.