By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for July 22, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 7/22/10
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) continues to have trouble at the 10 day moving average located at $4.06. The true resistance level right now for Citigroup Inc is located at $4.10. As soon as Citigroup breaks back above this level, I expect the stock to rally back to the $4.30-$4.35 area. On the downside, Citigroup is a strong buy between $3.60-$3.80.
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