- Citigroup broke two powerful resistance levels
- Likely to rise to 78.00
Citigroup recently broke above the two powerful resistance levels – 72.70 (monthly high from June) – followed by 75.15 (monthly high from September of 2018).
These resistance breakouts accelerated the active impulse wave 5 of the medium-term impulse sequence (3) from the middle of September.
Citigroup is expected to rise further and retest the next resistance level 78.00 (former resistance from April of 2018).