Citigroup Inc. (NYSE:C) Stock Analysis 11/3/11

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

The following is Citigroup Inc. ( C ) stock technical analysis for November 3, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 11/3/11

Resistance Levels: $31.50

Support Levels: $28.17

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

Citigroup Inc. (NYSE:C) stock is trading over $30 on Thursday as the stock futures look great on the rate ECB rate cut. Citigroup Inc. (C) has not dropped below It's 50 day moving average at all during this rally so watch this level closely ($28.28 but rising ). Citigroup Inc. (C) will have support in the $28's for the rest of the week. Citigroup Inc (C) will now have resistance up at the 10 day moving average located around $31.29. Citigroup stock is a buy below $27 per share.

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