Last month, we discussed the potential of Citigroup $C consolidating further until it comes down to 70. It did exactly that. Citigroup Daily Chart(click to enlarge)Bullish Signal:- We discussed 70 as a pivot. It is a psychological level, but also a previous resistance pivot.- We can see that around 70, price was testing a rising trendline support as well as the 100-day simple moving average. - Furthermore, the RSI was at 40, where it should turn around if the market still has bullish momentum.- A week later, we can see that all these signs of a bullish trend remains.- So, we believe Citigroup remains in a bullish trend and has the 52-week high of 76 in sight as well as potential for extension because of the prevailing bullish momentum.