By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for August 12, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 8/12/10
Resistance Levels: $4.20, $4.27, $4.30, $4.35
Support Levels: $4.00, $3.91, $3.62
Support Levels: $4.00, $3.91, $3.62
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) fell below all three major moving averages on Wednesday and the stock closed near the lows of the day. Citigroup Inc will have resistance at $3.90 and support between $3.65-$3.80. I believe Citigroup Inc is a buy in this area. If you are a long term investor, wait to buy Citigroup until it closes back above $4.00 and holds.
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 - Citigroup debt sales could reach $21B in 2010
Citigroup Inc Holdouts on Preferred Swap May Gain 25% When Dividend Resumes
