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Friday, November 26, 2010

Citigroup Inc. (NYSE:C) Stock Analysis 11/26/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for November 26, 2010

Citigroup Inc (NYSE:C) Support & Resistance Levels - 11/26/10

Resistance Levels: $4.41, $4.55-$4.70

Support Levels: $4.20, $4.11


Citigroup Inc (C) continues to be in the uptrend which started back in August 2010. Citigroup has long term support below $4.00 as well as $3.90. If Citigroup Inc would fall below $4.00, It would be a strong buy. On the upside, Citigroup recently made a high of $4.52. When Citigroup breaks back above this level, I think it could test $5.00. I am long Citigroup at the moment.

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