Today I added $C (-1,68%) to my Blue Chip Fibonacci Portfolio.
The stock is currently trading below the 61,8 % Fibonacci retracement level, a zone I closely monitor as part of my investment approach. This provided an opportunity to start building a position while staying aligned with my strategy.
Beyond the technical setup, I see Citigroup as an interesting long-term play due to its global banking franchise, diversified revenue streams, and ongoing efforts to improve efficiency and shareholder returns. While the banking sector can face cyclical challenges, it remains a fundamental pillar of the global economy.
I'm looking forward to seeing how this position develops over the coming months and years. The market will decide the outcome. I just follow the strategy and manage risk accordingly.
Is $C (-1,68%) in your portfolio?
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