By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for October 9, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/9/10
Chart - http://www.stockcharts.com/
Citigroup Inc Sued by Norway's Central Bank on $835 Million Stock, Bond Losses
Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/9/10
Resistance Levels: $4.00, $4.20
Support Levels: $3.80, $3.62, $3.53
Support Levels: $3.80, $3.62, $3.53
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) tested $4.20 on Friday but failed to close above that level. Citigroup Inc has support located at $4.00 which needs to hold on the downside. Citigroup Inc has 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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