By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for May 20, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/20/10
Resistance Levels: $4.00, 4.10, $4.37, $4.48
Support Levels: $3.60
Support Levels: $3.60
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) bounced on Wednesday but is looking to open up weaker this morning due to the stock market futures being lower. Citigroup Inc will have resistance between $3.85-$4.00 but then could see a nice spike if it closed back above $4.00. Support on the downside is located at $3.60. I like Citigroup Inc down here as a solid long term buying. As soon as the Government sells their shares, expect the stock to rally.
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