Bullish DailyPlay for Thursday Sept 27th, 2017 – Citigroup (C)

The bullish DailyPlay we chose for Thursday Sept 28th is Citigroup (C). C is part of the Financial Sector (XLF). Over the last month, XLF has experienced a 4.26% move higher and its 1m and 6m trend has turned bullish on 9/18 and recently broke above its $25.50 resistance level.

Citigroup’s 1m and 6m trends turned bullish on 9/11 and recently broke above its $72 resistance level on high volume which now becomes support. With a technical score of 8 (out of 10), C is a strong bullish stock that looks to continue higher.

View this Trade Idea on C

As a stop loss, if C was to trade below $72 for multiple days, this would invalidate our analysis and suggest getting out of the trade.

Trade Earnings Effectively w/ limited risk using OptionsPlay’s P&L Simulator!