Citigroup Inc (C) Stock Analysis 9/16/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for September 16, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/16/10

Resistance Levels: $4.00, $4.20

Support Levels: $3.86, $3.62, $3.53

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

Citigroup Inc (NYSE:C) is trading at $3.92 and seems to be stuck in a narrow trading range between $3.90-$4.00. Citigroup Inc continues to have resistance located at $4.00 as well as $4.20-$4.30. If Citigroup breaks closes back above $4.00, I look for $4.20-$4.30 to be tested. Citigroup is a strong buy below $3.80.

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