By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for May 4, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/4/10
Resistance Levels: $4.48, $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) appears to be basing around $4.40 but the stock is trading lower in pre market. We will have to see what the rest of the day bring. Currently though, Citigroup Inc is trading at $4.34. Resistance on the upside that I am now watching is located at $4.48. When the stock closes above $4.48, I am taking a long term position and will most likely hold for the rest of 2010.
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