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Friday, October 1, 2010

Citigroup Inc (C) Breaks $4.00 Again

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for October 1, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/1/10

Resistance Levels: $4.00, $4.20

Support Levels: $3.80, $3.62, $3.53

Citigroup Inc (NYSE:C) just broke $4.00 and is now in break out mode. Citigroup Inc has support located at $3.80 which I see holding on the downside now. Citigroup Inc will now have resistance located between $4.20-$4.30 so expect the stock to stall near that area. Citigroup remains a solid long term buy below $4.00 and a strong buy below $3.80.

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