By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for May 18, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/18/10
Resistance Levels: $4.00, 4.10, $4.37, $4.48
Support Levels: $3.80, $3.60
Support Levels: $3.80, $3.60
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) fell below $3.80 on Monday but fought back going 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. For a more safer entry point, wait until the stock closes back above the 10 day moving average located at $4.10.
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