Looking at the charts of Citigroup (C) this morning I can see that the shares are poised to move higher. With the financials set to start reporting earnings this week, let's drill down into the Citigroup charts and indicators for a closer look.
More from Stocks
The typical investor has caved in to negativity. Many have sold off big percentages of their stock, fund and ETF positions.
China's government is more concerned about stopping the spread of Covid-19 than spurring the economy back to life.
It wouldn't be surprising if the market gave some of it back early in the week, only to rally again later in the week.
Similar to biotech, the small adtech space has been hammered in recent quarters and has likely hit oversold territory.