Citigroup Inc. (NYSE:C) Stock Analysis - 2/27/11

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for February 27, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 2/27/11

Resistance Levels: $4.83, $5.00

Support Levels: $4.60, $4.57

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

Citigroup Inc. (C) stock closed at $4.70 on Friday. Citigroup Inc will have resistance on the upside located at $4.83 now. Citigroup has support at $4.60 which was met with heavy last week. If C stock falls below $4.60 again, the stock is a strong buy. Citigroup will have resistance at $5.00 if the stock can get back above $4.83.

Citigroup will continue to do well now that the Govenment has sold their stake in the company. The Govenment still owns Citigroup Inc warrants however. Also something to keep in mind, Citigroup can do a reverse split at anytime. The Citigroup board of directors has already approved this.

For more Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stocks - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Hot OTC Stocks - Stocks for 2011

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/

Citigroup Inc (NYSE:C) - Latest News - Citigroup Inc. reports fourth quarter 2010 net income of $1.3 billion, or $0.04 per diluted share.

Citigroup Inc given $5.20 price target