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Thursday, October 14, 2010

Citigroup Inc. (C) Set to Open at $4.24 Today

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for October 14, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/14/10

Resistance Levels: $4.30, $4.55

Support Levels: $4.00

Citigroup Inc (NYSE:C) stock ran up to $4.30 on Wednesday but failed. Citigroup Inc has support located at $4.00 which needs to hold on the downside. Citigroup Inc has resistance located between $4.20-$4.30 so expect the stock in this current area. Citigroup remains a solid long term buy below $4.00 and a strong buy below $3.80. When Citigroup closes above $4.30, I think the stock can run back into the $4.50's.

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