{"id":45196,"date":"2021-08-18T09:00:00","date_gmt":"2021-08-18T14:00:00","guid":{"rendered":"https:\/\/www.tradestation.io\/insights\/?p=45196"},"modified":"2021-08-20T13:27:23","modified_gmt":"2021-08-20T18:27:23","slug":"chart-of-day-citi-finding-support","status":"publish","type":"post","link":"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/","title":{"rendered":"Chart of the Day: Citi Is Finding Support at This Key Line"},"content":{"rendered":"\n<p>Financial stocks have bounced in the last two weeks, and Citi is one of the biggest members of the group.<\/p>\n\n\n\n<p>A few patterns stand out on the banking giant\u2019s chart. First is its breakout above the 50-day moving average, followed by a pullback to hold that line.<\/p>\n\n\n\n<p>Next is the&#8230;<\/p>\n\n\n\n<p><em>For more, please&nbsp;<a href=\"https:\/\/www.tradingview.com\/chart\/C\/3pfBjWNK-Citi-Holds-the-50-day-SMA\/\" target=\"_blank\" aria-label=\"undefined (opens in a new tab)\" rel=\"noreferrer noopener\">click&nbsp;here&nbsp;<\/a>to view the related idea and chart analysis on&nbsp;<a href=\"https:\/\/www.tradestation.com\/promo\/tradingview\">TradingView<\/a>.<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/tx3cIoCY\/\" alt=\"\"\/><figcaption>Citi (C), daily chart with selected patterns, courtesy of TradingView.<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Financial stocks have bounced in the last two weeks, and Citi is one of the biggest members of the group. A few patterns stand out on the banking giant\u2019s chart. First is its breakout above the 50-day moving average, followed by a pullback to hold that line. Next is the&#8230; For more, please&nbsp;click&nbsp;here&nbsp;to view the [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":45197,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[83,1057,13,38],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chart of the Day: Citi Is Finding Support at This Key Line | Market Insights<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chart of the Day: Citi Is Finding Support at This Key Line | Market Insights\" \/>\n<meta property=\"og:description\" content=\"Financial stocks have bounced in the last two weeks, and Citi is one of the biggest members of the group. A few patterns stand out on the banking giant\u2019s chart. First is its breakout above the 50-day moving average, followed by a pullback to hold that line. Next is the&#8230; For more, please&nbsp;click&nbsp;here&nbsp;to view the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Insights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeStation\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-18T14:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-20T18:27:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uploads.tradestation.com\/uploads\/sites\/2\/citi_AdobeStock_322622908_Editorial_Use_Only.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"David Russell\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeStation\" \/>\n<meta name=\"twitter:site\" content=\"@TradeStation\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Russell\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/\",\"url\":\"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/\",\"name\":\"Chart of the Day: Citi Is Finding Support at This Key Line | Market Insights\",\"isPartOf\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/#website\"},\"datePublished\":\"2021-08-18T14:00:00+00:00\",\"dateModified\":\"2021-08-20T18:27:23+00:00\",\"author\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/d2279ba57f90e3b47887f2503ce142d4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.tradestation.com\/insights\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chart of the Day: Citi Is Finding Support at This Key Line\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/#website\",\"url\":\"https:\/\/www.tradestation.com\/insights\/\",\"name\":\"Market Insights\",\"description\":\"Fresh market commentary and actionable trade ideas.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.tradestation.com\/insights\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/d2279ba57f90e3b47887f2503ce142d4\",\"name\":\"David Russell\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/443bdca82f0006231c5179581e4310ed?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/443bdca82f0006231c5179581e4310ed?s=96&d=mm&r=pg\",\"caption\":\"David Russell\"},\"description\":\"David Russell is VP of Market Intelligence at TradeStation Group. 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Next is the&#8230; For more, please&nbsp;click&nbsp;here&nbsp;to view the [&hellip;]","og_url":"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/","og_site_name":"Market Insights","article_publisher":"https:\/\/www.facebook.com\/TradeStation\/","article_published_time":"2021-08-18T14:00:00+00:00","article_modified_time":"2021-08-20T18:27:23+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/uploads.tradestation.com\/uploads\/sites\/2\/citi_AdobeStock_322622908_Editorial_Use_Only.jpeg","type":"image\/jpeg"}],"author":"David Russell","twitter_card":"summary_large_image","twitter_creator":"@TradeStation","twitter_site":"@TradeStation","twitter_misc":{"Written by":"David Russell"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/","url":"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/","name":"Chart of the Day: Citi Is Finding Support at This Key Line | Market Insights","isPartOf":{"@id":"https:\/\/www.tradestation.com\/insights\/#website"},"datePublished":"2021-08-18T14:00:00+00:00","dateModified":"2021-08-20T18:27:23+00:00","author":{"@id":"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/d2279ba57f90e3b47887f2503ce142d4"},"breadcrumb":{"@id":"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.tradestation.com\/insights\/2021\/08\/18\/chart-of-day-citi-finding-support\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.tradestation.com\/insights\/"},{"@type":"ListItem","position":2,"name":"Chart of the Day: Citi Is Finding Support at This Key Line"}]},{"@type":"WebSite","@id":"https:\/\/www.tradestation.com\/insights\/#website","url":"https:\/\/www.tradestation.com\/insights\/","name":"Market Insights","description":"Fresh market commentary and actionable trade ideas.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.tradestation.com\/insights\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/d2279ba57f90e3b47887f2503ce142d4","name":"David Russell","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/443bdca82f0006231c5179581e4310ed?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/443bdca82f0006231c5179581e4310ed?s=96&d=mm&r=pg","caption":"David Russell"},"description":"David Russell is VP of Market Intelligence at TradeStation Group. 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