By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for April 22, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 4/22/10
Resistance Levels: $5.00, $5.43, $6.00
Support Levels: $4.74, $4.40
Support Levels: $4.74, $4.40
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) is trading at $4.85 in early trading this morning as the financial sector is lower. As long as Citigroup Inc continues to close above the 10 day moving average ( currently $4.74 ), I like the stock. A close below the 10 day moving average would set up another retest of the $4.40 support area. Citigroup has resistance at $5.00, a close above this level would be bullish but it will be tough in the short term.
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