By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for July 21, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 7/21/10
Resistance Levels: $4.11, $4.30, $4.35
Support Levels: $3.80, $3.62
Support Levels: $3.80, $3.62
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) was back above $4.00 Tuesday and managed to hold Friday's close of $3.90. Citigroup Inc is pressing up against the 10 day moving average which has been major resistance over the last two days. Citigroup should now have support located between $3.80-$3.90 but won't really break out until $4.11 is broken. Citigroup remains a great long term stock to buy.
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