Hi Shoppers,

Citigroup (Ticker: C) has announced its earnings and looks like it is on a breakout to the upside:

Here is my pitchfork for C, which it is following pretty well:

There was massive volume on Friday’s breakout.

C closed at $49.98. I am seeing the next resistance level at $52.70 and then at $54.20.

That leaves plenty of room for a profit on some long calls or a call spread.

Trade Review

In Haliburton (Ticker: HAL), traders could have bought those July 15 27.50 calls for $.25 and sold them out for at least $.40.

Not a bad quick cheap shot.

Keep your eye on HAL … I think it has more upside.

Don’t forget they report earnings on Tuesday morning.

Thanks for Reading … See You at Trade Fest II!

Licia Leslie