Citibank: ⬆️ Buy
– Citibank broke the daily up channel
– Likely to rise to resistance level 105.00
Citibank recently broke the resistance trendline of the daily up channel from the end of July coinciding with the round resistance level 100.00.
The breakout of these resistance levels continues the active impulse wave iii of the upward impulse wave 5 from the end of July.
Given the strong daily uptrend, Citibank can be expected to rise to the next round resistance level 105.00 (target for the completion of the active impulse wave iii).
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