The blue lines on the daily chart show a potential H&S pattern with a downside target at 36-ish if the 45 level fails. Here's the earnings; EPS beats at 1.25 vs. 1.17 estimate. Top line revenue is in line at 20.00 billion vs 19.75 billion estimate. C bounces two percent to 51.90. So the news is happy and price moves higher to further back test the red trend line. The daily chart shows some near term oomph and the earnings fall in line with this projection but the weekly chart is maintaining a weak posture forward. Projection is sideways to sideways lower for the weeks ahead. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
Note Added 8:24 AM: Knee-jerk reaction is a jump to near 52 but price is now at 51.58. What else you got, C?
Note Added 8:34 AM: C gets a second wind and tags 52.00.
Note Added 8:54 AM: C moves to 52.20 and encourages the financial sector to begin the day.
Note Added 7/16/13 at 7:12 AM: C ends the day at 51.81, up one point, +2.00%, on the happy earnings news, printing a hanging man candlestick. The HOD was 52.16.