Citigroup shares fall from its highest recorded levels - analysis - 27-05-2016

CITIGROUP shares price ended Thursday trades lower by (-0.83) points or (-1.77%) from the previous close, as the price was able to pass 43.55 support as the lowest price recorded the week before, but soon it traded back above it, comes after the pair recorded the highest level previously at 47.85, forming a top that pushed it to decline and exceed many levels.

The previous decline pushed back the price below 45.50 level again, as the stability above this level pushed the price ahead the next resistance 46.45 then ahead 47.85 again.

Its recommended to wait for a new signals around 45.50 support .