By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for July 7, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 7/7/10
Resistance Levels: $4.07, $4.35
Support Levels: $3.62, $3.53
Support Levels: $3.62, $3.53
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) is hanging out below all three moving averages right now which is bearish for the short term. As stated yesterday, Citigroup Inc has major resistance located between $4-$4.07. As soon as Citigroup breaks and closes back above $4.07, I feel the stock will really rise nicely.
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