Technical analysis

Citibank Wave Analysis – 17 February 2026

Citibank Wave Analysis – 17 February 2026

Citibank: ⬆️ Buy

– Citibank reversed from key support level 110.00

– Likely to rise to resistance level 124.00

Citibank recently reversed up from the support area between the key support level 110.00 (lower border of the sideways price range from December), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from November.

The support zone near the support level 110.00 was strengthened by the support trendline of the weekly up channel from April of 2025.

Given the overriding daily uptrend, Citibank can be expected to rise to the next resistance level 124.00 (upper border of the active sideways price range).

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