By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for April 20, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 4/20/10
Resistance Levels: $5.00, $5.43, $6.00
Support Levels: $4.55, $4.40
Support Levels: $4.55, $4.40
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) reported solid earnings on Monday which made the stock rally 7%. Citigroup Inc is trading at $4.92 so far in pre market today and I will be watching for a close above $5.00. If Citigroup closes above $5.00, I think it can retest It's 52 week high located at $5.43. Pullbacks to the 10 day moving average are a strong buy until it doesn't hold on a closing basis. The 10 day is currently located at $4.61.
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