The following is Citigroup Inc. ( C ) stock technical analysis for April 6, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 4/6/10
Resistance Levels: $4.31, $4.60
Support Levels: $4.20, $4.00, $3.90
Support Levels: $4.20, $4.00, $3.90
Citigroup Inc (NYSE:C) broke up through $4.22 resistance on Monday and is now right on the door step of closing above $4.31. When this happens, I expect Citigroup Inc to rise back to the $4.50-$4.60 resistance level and eventually trade back near $5.00. From what It seems, there is strong demand to buy the Government's stake in Citigroup.
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