I am giving you a lot, but not all.  And if some of you don't know how to take it from there, then you need to learn more.  I am not a mini trader nor do I trade in margin, and if that is not your style, brothers don't come up here and run your mouth; go back to trading emini.   

By looking at the ICE chart a trader should have been cautious when the stock spiked that high in one day, and wait till it pulled back to buy again.  Stock alert does not mean you should buy stock. 

That is all the time I have for you.  I don't even have to come here.  This is my volunteering service.  If you need specific advice like where to enter and exit send me an email.  I don't give out free lunch.  That is my style, and I don't expect everyone to like me and listen to me.  I already have many professional contacts in linkedin and facebook. 

As far as CITI, I have made profits from all my trading.  There was two times I exited in break even, one with KWK recenlty, and one with MCI also known as WCOM back in 1998, when they had accounting scandal.    Yes, 2.90 was perfect entry point (200 dma) for CITI.   

I said idiots in positive way, so don't take it in negative sense.  I hear my daughter coughing gotta go. 

Good luck traders, and do further research before you trade your hard earn money.