By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for May 17, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/17/10
Resistance Levels: $3.80, $4.00, $4.15, $4.37, $4.48
Support Levels: $3.60
Support Levels: $3.60
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) fell below $3.80 today but is fighting back as we go into the close. Citigroup Inc needs to close above $3.80 or we could easily see a drop toward the next support level of $3.60. If you are looking for a safer way to trade this stock or a better entry point, wait for Citigroup Inc to close back above the 10 day moving average.
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