C Citigroup Stock Prediction Forecast Trade Strategy

[Rennfahrer555]

what analysis program are you using?

[funzibunzi]

Citigroup will be at $30 by the next year of June on my speculations.

[lambro39]

@funzibunzi

don't hold your breath, that's a 655% increase based on friday's close....

watch the vid again @ 1:40 in

[AshiStarshade]

@lambro39 Funzi was pretty close.

[lambro39]

@AshiStarshade

@AshiStarshade

not even close....make sure you understand what a reverse split is, this is very basic stuff

C is essentially trading at $3.80 a share as of 7.19.11....you want 1000 shares at $3.80, or 100 at $38?

its down 18% since the reverse split....see Citi website for press release

[prevclose]

Nice video

[amsterdamlove]

i still didnt get , shall i sell stocks of citigroup or hold it , my averege is 3.48

[lambro39]

@amsterdamlove there are 2 more recent vids I have done on Citigroup, watch them. Then construct the price levels you will have for price targets and the price levels you will have as stops.

[amsterdamlove]

im nervous enough i have 60.000 shares

invested more than 200.000 $ in citigroup

i have time when i was in hugeee minus

now its not so big, but looking back i regret that i didnt buy when it was 1 dollar per share. i still truly believe that it will be 10 -20 $ one day hopefully soon! what do you think it will worth lets say in 1 year

thank you

[lambro39]

1) the concept of "worth is only defined by 1 thing, which is what the last trade price was

2) the fundamentals are always irrelevant

3) Investing = having no risk management.

4) Money management = not committing an overly large position to any one trade instrument.

5) Being nervous should never occur if you follow a predefined trade plan.

[lambro39]

as for where it will be in a year, I don't see enough chart data to make that call, if you noticed what I do is a logical (IF > THEN ) progression, so I will identify targets and then put he conditions in place which would likely occur

if it rallies, then all the price targets I called out will serve as likely resistance points on the way up, remember we are looking for high probability set ups where we can create a conditional entry based on rules and use predefined risk management

[amsterdamlove]

thank you lambro

you said you cant see the target price for 1 year

how far can you see? 1 month? 2 month?

would you reccomend me to hold or sell

[Mattew10922]

@amsterdamlove hold onto it my friend, the market is so volatile these days the only reason to sell would be if you needed the money immidiately, hold onto it, think long term, and it will be back over 10 dollars, i don't know what you bought it at, but for me that is a substantial gain.

-Matt

[lambro39]

@amsterdamlove also consider how you will manage your position, will you treat it as 1 lot?, or split it in to 2 or 3 lots? scale out on targets or all at once?

Currently you are down ~ 4%, what is your rule set for stop losses? do you have one?

[healeyl]

all this is shit talk , look at it . rubbish . stupid stupid stuff .joke

[lambro39]

@healeyl that's what happens when you are long, no plan, no predefined entry/exit strategy, hold into a sell off, fear keeps you from taking losses early, throw in money management violations, hope - and what you get is pain, anger, negative self talk, further impulse trades, denial, delusion, blame, lashing out

question is how are you preparing yourself to avoid your past mistakes?

Discipline and Personal Responsibility, start there