By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for April 16, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 4/16/10
Resistance Levels: $5.00, $5.43, $6.00
Support Levels: $4.70, $4.40
Support Levels: $4.70, $4.40
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) is trading at $4.84 in pre market today after failing above $5.00 resistance on Thursday. Citigroup Inc leaped above $5.00 yesterday but the sellers took it straight down to around $4.80 before leveling out. $5.00 will be a tough price to close above but when it happens, I think we will see as retest of the $5.43 high from last fall. Support is located between $4.60-$4.70.
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