Citigroup Inc (NYSE:C) Stock Analysis - 11/10/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for November 10, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/10/10

Resistance Levels: $4.55-$4.70

Support Levels: $4.30

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

Citigroup Inc (C) is falling in afterhours tonight due to Cisco's earnings. Citigroup held support at $4.30 very nicely over the past two days and will need to continue doing so. Citigroup Inc is currently trading at $4.37 and will most likely trade lower at the open on Thursday. Citigroup is looking great on technical basis with the stock trading above all three major moving averages. Citigroup will now have major resistance at $4.47 as well as $4.55. Watch $4.30 on a closing basis. I am still long and strong.

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