By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for August 31, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 8/31/10
Resistance Levels: $3.75, $3.80, $4.00
Support Levels: $3.62, $3.53
Support Levels: $3.62, $3.53
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) is testing the previous low of $3.64 today in pre market. Citigroup Inc continues to fail at the 10 day moving average resistance level which is now located at $3.75. As soon as Citigroup closes back above this level, I think the stock will go back up and retest $3.90-$4.00. Key support levels to watch on Citigroup are $3.62 & $3.53 which was the low from May 2010.
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