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: $4.36, $4.48
Support Levels: $4.05, $4.00
Support Levels: $4.05, $4.00
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) stock dropped to around $4.04 this morning at the open so I took the opportunity to buy at $4.06. Citigroup Inc has solid support around $4.00 and with the awesome earnings report we just saw, I feel confident about my buy right above $4.00. If we fall below $3.90, I will place another buy.
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