By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for October 11, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/11/10
Chart - http://www.stockcharts.com/
Citigroup Inc Sued by Norway's Central Bank on $835 Million Stock, Bond Losses
Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/11/10
Resistance Levels: $4.20, $4.30
Support Levels: $4.00
Support Levels: $4.00
Chart - http://www.stockcharts.com/
Citigroup Inc (NYSE:C) ran up into the $4.20's on Monday morning but then pulled back sharply. However, Citigroup is trading back around $4.17-$4.18. 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 to stall near that area. Citigroup remains a solid long term buy below $4.00 and a strong buy below $3.80.
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