Citigroup Inc. (NYSE:C) Stock Analysis - 6/21/11

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for June 21, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 6/21/11

Resistance Levels: $39.55

Support Levels: $37.30

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

Citigroup Inc. (NYSE:C) stock is back above the 10 day moving average for the 2nd straight day. Citigroup Inc will now have support around $37.30 as well as $36.30. Citigroup Inc. (C) stock has been slammed over the past two weeks due to the weak stock market. Citigroup will have resistance at $39.55 which was the previous high. Citigroup should attract some buyers on a close back above $39.55. I think Citigroup Inc (C) is a buy down here anywhere below $38 and a sell between $40-$41 on a short term bounce.

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