Citigroup Inc. (NYSE:C) Stock Analysis - 6/26/11

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for June 26, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 6/26/11

Resistance Levels: $40.25

Support Levels: $38

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

Citigroup Inc. (NYSE:C) is getting set to close around $39.40. Citigroup Inc will now have support around $38 as well as $37.30. Citigroup Inc. (C) stock has been slammed over the past two weeks due to the weak stock market. Citigroup will have resistance at $40.25 as well as $41. Citigroup should attract some buyers on a close back above $39.55. I think Citigroup Inc (C) is a buy down here anywhere below $39 and a sell between $40-$41 on a short term bounce.

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