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Friday, August 27, 2010

Citigroup Inc C Stock Analysis 8/27/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for August 27, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 8/27/10

Resistance Levels: $3.80, $4.00

Support Levels: $3.62, $3.53

Citigroup Inc (NYSE:C) made a higher low on Thursday which is a good sign for a short term bottom. Citigroup Inc will now face resistance starting at the 10 day moving average located at $3.78. The next two resistance levels that Citigroup will face are located at $3.88 & $3.96. I view Citigroup as a buy on anything below $3.80 for the long term.

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