By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for July 15, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 7/15/10
Resistance Levels: $4.30, $4.35
Support Levels: $4.00, $3.80, $3.62
Support Levels: $4.00, $3.80, $3.62
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) pulled back after making a run at the next resistance level after $4.07 which was $4.35. Citigroup Inc will now be a buy on a break above $4.35 going forward. Support is located back between $4.05-$4.07 for Citigroup and I would be placing a stop at $3.95 for this stock. Long term, Citigroup is a solid stock to buy.
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