Citigroup Inc (C) Drops with Bank Stocks

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for September 14, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/14/10

Resistance Levels: $4.00, $4.20

Support Levels: $3.86, $3.62, $3.53

Chart - http://www.stockcharts.com/

Citigroup Inc (NYSE:C) drops to $3.93 this morning as the bank stocks are weak. Citigroup Inc broke $4.00 briefly on Monday but failed to close above it. When Citigroup closes above $4.00, I think it can rally back to the $4.20's where the next major resistance is located. Citigroup is a strong buy below $3.80 per share.

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