By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for July 19, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 7/19/10
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) dropped back below all three major moving averages on Friday after releasing better than expected earnings. Citigroup Inc remains a strong buy between $3.60-$3.80 with a stop order located at $3.49. As soon as Citigroup can break above Friday's high of $4.10, I think it will be off to the races again.
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