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Wednesday, June 8, 2011

Citigroup Inc. (NYSE:C) Stock Analysis - 6/8/11

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for June 8, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 6/8/11

Resistance Levels: $40, $41, $44

Support Levels: $37.30, $36.30

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

Citigroup Inc. (NYSE:C) is trading around $37.60 in after hours on Tuesday night . Citigroup Inc will now have support around $37.30 as well as major support at $36.30. Citigroup Inc. (C) stock is getting slammed due to the weak financials and stock market. Citigroup will have resistance between $39.60-$40. Citigroup should attract some buyers on a close back above $40. I think Citigroup Inc (C) is a buy down here at $38 or below and a sell between $40-$41 on a short term bounce.

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Citigroup Inc (NYSE:C)
- Latest News - Citigroup Inc. reports 1st quarter 2011 earnings

Citigroup Inc given $52.00 price target



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