18.08.2016 - Shares of Citi Group can continue growth to 51.00

Price of Citi Group continued to rise after broke through the important inclined resistance line and fixed above the local maximum. This fact is the basis for continued growth of quotations to the level of 47.35, the overcoming of which will be a signal to buy with targets at 51.00, 54.00 and 56.50. In case of correction, the quotes will return to the support level at 45.00. Our medium-term outlook is negative, but the current growth may continue in the near future.

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