Hot Stock Alerts

Potential Breakout Stocks of the Day:
Top Stocks 2021 - TSLA BYND GBTC
Top Penny Stocks 2021 - GBTC

Stock Market Closing Report - 12/8/20 December 8, 2020

Friday, March 4, 2011

Citigroup Inc. (NYSE:C) Stock Analysis - 3/4/11


By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for March 4, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 3/4/11

Resistance Levels: $4.68, $5.00

Support Levels: $4.52, $4.40

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

Citigroup Inc. (C) closed at $4.54 on Friday after B of A downgraded the stock to Neutral from Buy . Citigroup Inc will have resistance on the upside located at $4.68 now. Citigroup will have support at $4.52 followed by $4.40. I think you can start buying C stock below $4.60, but save capital incase we see a test of $4.40. Citigroup should be able to hold the $4.40's and form a bottom.

Citigroup will continue to do well now that the Govenment has sold their stake in the company. The Govenment still owns Citigroup Inc warrants however. Also something to keep in mind, Citigroup can do a reverse split at anytime. The Citigroup board of directors has already approved this.

For more Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stocks - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Hot OTC Stocks - Stocks for 2011

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/

Citigroup Inc (NYSE:C)
- Latest News - Citigroup Inc. reports fourth quarter 2010 net income of $1.3 billion, or $0.04 per diluted share.

Citigroup Inc given $5.20 price target


Copyright © 2008-2020 - daytradingstockblog.blogspot.com

Stocks to Buy 2020 - Click Here