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Actionable news in C: CITIGROUP Inc,

Citigroup Is About to Break Out — Here's When to Buy

Shares of Citigroup (C) are on the verge of a breakout. This morning, the stock is trading at new September highs as it continues to challenge very heavy resistance near the $48 area.

Investors should keep a close eye on the action in the near term. A clear takeout of the August peak could spark a fresh rally leg.

After two extremely high-volume loses during the Brexit panic, Citigroup bottomed near $38.50. Six weeks later, after an 18% rebound, the stock had returned to its 200-day moving average...


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