The following is Citigroup Inc. ( C ) stock technical analysis for May 25, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/25/10
Resistance Levels: $3.90, $4.00, 4.10, $4.37
Support Levels: $3.53, $3.41
Chart - http://www.stockcharts.com/
Support Levels: $3.53, $3.41
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) spiked Monday on an upgrade but failed at the 10 day moving average. Citigroup Inc has support down at the $3.53 level as well as the $3.40 level. I would be a buyer on any further weakness going forward. If you are looking for a solid entry point, wait until Citigroup Inc closes above the 10 day moving average to buy. On Tuesday, the 10 day will be down to around $3.86ish.
For more Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stocks for 2010
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/