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Monday, July 12, 2010

Citigroup Inc C Stock Clears $4.07 in Early Trading

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for July 12, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 7/12/10

Resistance Levels: $4.07, $4.35

Support Levels: $3.80, $3.62

Citigroup Inc (NYSE:C) broke above all three major moving averages on Friday. Citigroup Inc will now have resistance located at $4.07 and if the stock can close above this level, I feel it can test $4.35 - $4.41. Citigroup will now have solid support between $3.60-$3.80 and any opportunities in that zone should be taken.

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