Citibank Wave Analysis – 12 May 2026 Citigroup Inc.BATS:CFxPro - Citibank reversed from support level 124.15 - Likely to rise to resistance level 131.65 Citibank recently reversed from the support zone between the key support level 124.15(former monthly high from January and February) and the lower daily Bollinger Band. The upward reversal from the level 124.15 started the active short-term impulse wave 3 – which belongs to the sharp impulse wave (5) from March. Given the strong multi-month uptrend, Citibank can be expected to rise to the next resistance level 131.65 (top of the previous correction b).