miguelsique

short term bull

Short
NYSE:C   Citigroup, Inc.
I am short term bull on and short on the overall banking industry. Not convinced that the industry as a whole is done bleeding. We could see price hit the 200 SMA before we can see a bounce. its retesting broken support and possibly by end of week or next it will go down. I will be out of my short position if over 72.50. entered one position and adding on at the 70-71 level.
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