CitiGroup shakes off negative pressure - Analysis - 17-04-2023

CitiGroup's stock (C) surged in the intraday levels, amid the dominance of the upward short-term correctional trend, managing to shake off negative pressure from the 50-day SMA, with positive signals from the RSI, while marking a strong profit of 4.78% in the last session, or 2.26 points, settling at 49.56. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 53.20. 

Expected trend for today: Bullish