By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for October 7, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/7/10
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 - 10/7/10
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) is testing the low end of the resistance zone at $4.20 today. Citigroup Inc has support located at $4.00 which needs to hold on the downside. 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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