Citigroup Inc. (NYSE:C) Stock Analysis 12/13/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for December 13, 2010

Citigroup Inc (NYSE:C) Support & Resistance Levels - 12/13/10

Resistance Levels: $4.85, $5.00

Support Levels: $4.60, $4.55

Chart - http://www.stockcharts.com/

Citigroup Inc (C) closed at $4.81 but showed a little weakness near the close as the stock market corrected. Citigroup has resistance located at $5.00 which hasn't been seen since April 2010. Citigroup Inc will have support on the downside located at $4.53 which is the 10 day moving average. Citigroup is a strong buy on pullbacks below $4.50. Citigroup remains my top bank stock for 2011 now that the Govenment is out of the stock. If Citigroup breaks up above $5.07, the stock will really take off!

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