The following is Citigroup Inc. ( C ) stock technical analysis for April 30, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 4/30/10
Resistance Levels: $4.70, $5.00
Support Levels: $4.40, $4.20
Support Levels: $4.40, $4.20
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) has rebounded nicely after the panic selling earlier in the week. Citigroup Inc has resistance located at the 10 day moving average ( currently $4.70 ) but a close above this level would be very bullish going forward. After the 10 day moving average, I will be looking for a close back above $5.00. Citigroup Inc is a solid buy on all pullbacks below $4.40.
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