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Thursday, September 2, 2010

Citigroup Inc C Stock Analysis - 9/2/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for September 2, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/2/10

Resistance Levels: $3.94, $4.00, $4.20

Support Levels: $3.80 $3.62, $3.53

Citigroup Inc (NYSE:C) is rallying back to the 200 day moving average located at $3.88. Citigroup Inc has resistance between $3.94-$4.00 after $3.88 and if the stock closes back above $4.00, I think it can rally back into the $4.20's. Citigroup continues to be a buy below $3.80. The stock has support located at $3.63 as well as $3.53.

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