By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for May 19, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/19/10
Resistance Levels: $4.00, 4.10, $4.37, $4.48
Support Levels: $3.60
Support Levels: $3.60
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) continues the recent downtrend and will open up lower this morning due to the stock futures being down. Citigroup Inc should find support around $3.60 but if we see a close below this level, $3.40 could be tested briefly. I don't expect the stock to fall much below $3.40 without a bounce first...so I believe Citigroup is close to a short term bottom down here.
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