By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for June 3, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 6/3/10
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 trading at $3.96 in pre market this morning as the futures are higher again. Citigroup Inc held the 10 day moving average on Wednesday which is technically bullish. Citigroup Inc will face resistance located at the 200 day moving average on any bounce. A close above the 200 day moving average would give a buy signal and I think we will see a retest of the 50 day located at $4.26. I would be buying pullbacks below $3.80 for the long term.
For more Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stocks for 2010
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/