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Wednesday, December 15, 2010

Citigroup Inc. (NYSE:C) Stock Analysis 12/15/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for December 15, 2010

Citigroup Inc (NYSE:C) Support & Resistance Levels - 12/15/10

Resistance Levels: $4.72, $4.85

Support Levels: $4.60, $4.50

Citigroup Inc (NYSE:C) stock is dropping again today and testing the $4.60 level. Citigroup has support down at $4.60 and $4.50. Citigroup Inc will noe have resistance located at $4.72 as well as $4.85. 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! I view the sell off in Citigroup over the past two days as normal profit taking after a large run.

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Citigroup Inc (NYSE:C)
- Latest News - Government exits Citigroup Inc common stock in December 2010

Citigroup Inc given $5.20 price target


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