By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for June 11, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 6/11/10
Resistance Levels: $4.02, $4.22, $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) closed above the 10 day moving average for the second straight day on Thursday which is bullish. Citigroup Inc looks like it formed a double bottom located between $3.53-$3.62. As I have been saying for weeks now, pullbacks below $3.80 were a strong buy and continue to be. Citigroup Inc now has resistance located at $4.04 & $4.22
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