The following is technical analysis on Citigroup (C) - June 4, 2012
Citigroup (NYSE:C) Support & Resistance Levels - 6/4/12
Resistance Levels: $26.08
Support Levels: $24.40, $23.30, $21.40
Chart - http://www.stockcharts.com
Citigroup (C) stock closed below $26 on Friday and continues to crash. In my opinion, Citigroup (C) stock is a strong buy down here below $26. As soon as Citigroup (C) breaks back above $26.08, we should see a rebound back to $27-$28 easy. I feel that by the end of 2012 and into 2013, Citigroup (C) will likely be trading north of $30-$32 per share.
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