By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for July 9, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 7/9/10
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) closed above all three major moving averages for the first time since mid April. Citigroup Inc will now have resistance located at $4.07 and then if the stock closes above this level, all systems are go again. If we have another meltdown in the stock market, look to aggressively buy Citigroup below $3.60 for the long term.
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