Once in your life time... Citi

Who never heard of Citi? Currently, Citi is in deep shit for a period of time, but with the solid bizz ops and huge customer database(plus contracts award by gov), i'm sure its share price will rise in future. A very good buy+hold share.

From local research report:

Citigroup (C US; US$4.61) – BUY
FY10P/E: 53.6x, P/BV: 0.3x
• Citigroup has been consolidating above its strong resistance turned support
level at US$4.50. It appears to have formed a consolidation triangle. Again, a
triangle is likely to happen prior to the final thrust, in this case, a final thrust
upwards.
• A breakout above its triangle resistance at US$4.70 could see a retest of
US$5.00 and even US$5.43, the recent highs. The moving averages at S$4.30
and US$3.71 are the support.
• Only aggressive traders may want to buy now with a stop place below the
triangle support at US$4.53 or below its 30-day SMA at US$4.30. Longer term
investors should sell on strength as this thrust would likely be its final in the
medium term.