By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for May 28, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/28/10
Resistance Levels: $4.05, 4.27, $4.37
Support Levels: $3.80, $3.73
Chart - http://www.stockcharts.com/
Support Levels: $3.80, $3.73
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) is getting ready to test the 200 day moving average located at $4.05 today. If Citigroup Inc closes above this level, I look for the 50 day moving average to be tested. As for support, Citigroup Inc will now have support located at the 10 day moving average. Pullbacks below $3.80 are now a strong buy going forward.
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