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Friday, July 23, 2010

Citigroup Inc C Stock Analysis July 23, 2010

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for July 23, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 7/23/10


Resistance Levels: $4.12, $4.30, $4.35

Support Levels: $3.80, $3.62


Citigroup Inc (NYSE:C) broke $4.10 on Friday but has failed back near $4.00 as the stock market declines. Citigroup Inc must close above this level in order for the momentum traders to get back into the stock. Citigroup Inc remains a strong buy below $3.80 for the long term.

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