The following is Citigroup Inc. ( C ) stock technical analysis for May 9, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/9/10
Resistance Levels: $4.27, $4.36, $4.48
Support Levels: $3.90
Support Levels: $3.90
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) closed slightly below the 200 day moving average on Friday. Citigroup Inc has support located at $3.90 on the downside and $3.82 followed by $3.70. The 10 day moving average is crashing down but will stabilize if the stock can just hold $3.90. I view any pullbacks below $3.90 as a solid long term buy.
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