For weeks now I’ve been expecting a pullback in the general market, which makes it more difficult for me to find the right buying opportunity. As the broad-based indecies reach levels of resistance it’s important for us to use
contingent buy strategies to cut down on our risk exposure. The pattern we are seeing in Citigroup is a Cup & Handle pattern which is a fairly reliable buy pattern as long as you have the patience to wait for the stock to break out over the resistance point.
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