Citigroup (C) has been sliding after it tagged 60. It is now hovering above 50 with some room to fall. Here's a quick analysis of the stock from thestreet.com: Citigroup (C) Stock: Here's a Chart to Lose Sleep Over If you agree with the author that C is a buy, it might be best to wait a little longer. Check out the weekly chartCitigroup Weekly Chart 9/23 (click to enlarge) If price closes in on 45, it will be at a multi-year range support and the 200-week simple moving average. This is where I would buy and look for upside risk at least back to 52-53 (middle of the price range since June 2013). I would consider a buy around 46-47. Let the market clear the 2015-low around 47.80. Then, look for some price bottom to form in the daily chart. If price doesn't sharply reverse and escape my grasp, I am looking to put a stop just below 44, with a target of 53. Get a 2:1 reward:risk on it.