By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for April 27, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 4/27/10
Resistance Levels: $5.00, $5.43, $6.00
Support Levels: $4.60, $4.41
Support Levels: $4.60, $4.41
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) closed below the 10 day moving average on monday after the Government plans to start selling some of the 7.7 billion shares held. Citigroup Inc fell 5% on this news which is odd because we already knew this was coming. Anyhow, Citigroup has support located at $4.41, a break below $4.41 would be a super strong buy going forward.
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