A Weekly Log And Normal View Of Citigroup

by admin on August 3rd, 2009

A reader recently asked me for my take on Citigroup (C), as to whether or not the stock was perking up enough to warrant interest. I thought we’d take a quick look at the Weekly Chart and note the differences in the Logarithmic and Arithmetic charts and note a key level for bulls to watch.

Citigroup (C) Arithmetic Chart:

The quick observation is that we’ve seen one of the most stellar and dramatic price drops of a major company – it should serve as a lesson to investors that … [visit site to read more]

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