By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for June 9, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 6/9/10
Resistance Levels: $3.80, $4.04, $4.27, $4.37
Support Levels: $3.60, $3.53, $3.40
Chart - http://www.stockcharts.com/
Support Levels: $3.60, $3.53, $3.40
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) managed to hold the $3.60 support level on Tuesday and closed near the highs of the day. Citigroup Inc must hold $3.60 on a closing basis or we could easily test $3.53 and then $3.40. I don't expect Citigroup Inc to sustain and rally until is get back above the 200 day moving average located at $4.04. However, I view anything below $3.80 as a solid long term buy.
For more Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stocks for 2010
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
