By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for May 3, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/3/10
Resistance Levels: $4.60, $5.00
Support Levels: $4.40, $4.20
Support Levels: $4.40, $4.20
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) failed to close above $4.60 resistance and the 10 day moving average last week. Citigroup Inc continues to be in the downtrend closing at the lows of the day on Friday. I plan to buy the stock when it closes back above the 10 day moving average so this is something I am watching closely.
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