By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for June 21, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 6/21/10
Resistance Levels: $4.07, $4.18, $4.35
Support Levels: $3.80, $3.60
Support Levels: $3.80, $3.60
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) closed right at the 200 day moving average on Friday. Citigroup Inc has resistance located between $4.03-$4.07 but then nothing until $4.18-$4.35. I would continue to be a buyer of Citigroup below $3.80 which I view as a solid long term buy. On the upside, when Citigroup closes above all three major moving averages again, I feel it will retest $4.65-$5.00 easily.
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