By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for July 6, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 7/6/10
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) failed at the 10 day moving average on Friday but continues to hold the previous low of $3.53. Citigroup Inc will be a huge buy when the stock breaks back above $4.07 however. Why? Citigroup failed at this level two weeks ago before this latest downfall. The stock would also be trading above all three moving averages for the first time since April 2010. I plan to buy Citigroup for a rebound when the stock breaks $4.07.
For more Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stocks for 2010
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
Citigroup Inc (C) - Latest News - Treasury Sale of Citigroup Shares Slowed Last Month
Citigroup Inc. Excludes South Korea Debt From Bond Index
