Citigroup Inc. (NYSE:C) Stock Analysis 11/1/11

By Tim - http://stockstobuy.org ( Stock Forum )

The following is Citigroup Inc. ( C ) stock technical analysis for November 1, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 11/1/11

Resistance Levels: $31.50

Support Levels: $28.17

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

Citigroup Inc. (NYSE:C) stock closed at $29.17 and managed to hold the 50 day moving average on Tuesday. Citigroup Inc. (C) has not dropped below It's 50 day moving average at all during this rally. Citigroup Inc. (C) is now breaking down but will have support in the $28's. Citigroup Inc (C) will now have resistance up at the 10 day moving average located around $31.25. Citigroup stock is a buy below $27 per share.

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