The following is Citigroup Inc. ( C ) stock technical analysis for June 16, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 6/16/10
Resistance Levels: $4.02, $4.20, $4.37
Support Levels: $3.80, $3.60
Support Levels: $3.80, $3.60
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) is rallying back to the 200 day moving average located at $4.02. If Citigroup Inc closes above this level, I expect a rally back to the 50 day moving average. Citigroup remains a strong buy on pullbacks below $3.80.
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