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The following is Citigroup Inc. ( C ) stock technical analysis for April 4, 2011
Citigroup Inc (NYSE:C) Support & Resistance Levels - 4/4/11
Citigroup Inc (NYSE:C) Support & Resistance Levels - 4/4/11
Citigroup Inc. (C) is pressing up against $4.50 as we head into the open on Monday. Citigroup Inc will have resistance located up at $4.62 & $4.67. Citigroup will have support at the 200 day moving average now ($4.31). I continue to think you can start buying C stock around $4.40 for the long term. Citigroup is a strong buy below $4.40.
Citigroup will start a new uptrend when the stock closes back above the 50 day moving average. Citigroup Inc should keep a premium now that the Government is out of the stock. Also something to keep in mind, Citigroup will be doing a 1:10 reverse stock split in May 2011. Citigroup will also be bringing back their dividend as well.
For more Technical Analysis - Go Here
For more Technical Analysis - Go Here
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Citigroup Inc (NYSE:C) - Latest News - Citigroup Inc. reports fourth quarter 2010 net income of $1.3 billion, or $0.04 per diluted share.
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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