Citigroup Inc. (C) Stock Analysis 10/19/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for October 19, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/19/10

Resistance Levels: $4.30, $4.55

Support Levels: $4.00

Chart - http://www.stockcharts.com/

Citigroup Inc (NYSE:C) spiked back above the 10 day moving averages after better than expected earnings. Citigroup Inc will continue to have resistance located at $4.20-$4.30. Citigroup will have support located at $4.00 which should now hold. If Citigroup can close above $4.30, I feel it can rally up to $4.50-$4.70 easily.

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