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Tuesday, November 9, 2010

Citigroup Inc (NYSE:C) Stock Analysis - 11/9/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for November 9, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/9/10

Resistance Levels: $4.55-$4.70

Support Levels: $4.40, $4.30


Citigroup Inc (C) is trading at $4.46 in pre market today. Citigroup Inc hit $4.55 in pre market but traded lower from there. I continue to hold a 3/4 position in Citigroup and will buy the other 1/4 if the stock tests $4.30 again. Citigroup will have resistance between $4.55-$4.70 on the upside. If Citigroup can close above $4.70, I think the stock can test $5.00.

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