By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for May 11, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/11/10
Resistance Levels: $4.28, $4.37, $4.48
Support Levels: $4.00, $3.90
Support Levels: $4.00, $3.90
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) has a nice bounce on Monday but still trades below both the 10 & 50 day moving averages. Citigroup Inc does have some nice support below $4.00 if we retest that area again. Until Citigroup closes back above the 50 day moving average, wait for another pullback under $4.00 to buy.
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