By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for May 5, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/5/10
Resistance Levels: $4.48, $4.60, $5.00
Support Levels: $4.20, $4.00
Support Levels: $4.20, $4.00
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) continues to fall with the stock market and is currently trading at $4.24 in pre market. Citigroup Inc will be testing the 50 day moving average today which must hold on a closing basis or we could see a move down to $4.00. Under $4.00 would be a strong buy! On the upside, when the stock breaks up through $4.36 I will be a buyer as well.
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