The charts look bullish with the price being above the 200-day moving average line. I am not good at technical analysis but it seems that the trend is still bullish.
My target price for Citigroup is US$48.00. Vested interest.
...Bought Citigroup some time back and with the recent bullish run in the stock market, I am just re-visiting this stock to see whether it is time to unload it off my portfolio.Citigroup was previously trading at less than US$4 during the financial crisis. There was a subsequent 10:1 stock consolidation which explains the high price now.
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