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Thursday, July 7, 2011

Citigroup Inc. (NYSE:C) Stock Analysis - 7/7/11

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for July 7, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 7/7/11

Resistance Levels: $44.03

Support Levels: $41

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

Citigroup Inc. (NYSE:C) bounced off the 50 day moving average on Wednesday and is now trading around $42. Citigroup Inc will now have support located at $41. Citigroup Inc. (C) stock will now face resistance located at $44.03 which is the 200 day moving average. After $44.03, Citigroup will have resistance at $45. Citigroup has attracted some buyers now that the stock has closed above $39.55. I think Citigroup Inc (C) is a buy anywhere below $39.

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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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