Citigroup Inc. (NYSE:C) Stock Analysis - 3/15/11

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for March 15, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 3/15/11

Resistance Levels: $4.80

Support Levels: $4.40

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

Citigroup Inc. (C) closed at $4.44 on Tuesday as the stock market continues to sell off. Citigroup Inc will have resistance up at the 50 day moving average located at $4.80. Citigroup will have support down around $4.40. I think you can start buying C stock here around $4.40 for the long term. Citigroup would be a strong buy below $4.40.

Citigroup will start a new uptrend when the stock closes back above the 50 day moving average. Citigroup Inc should keep a premium now that the Government is out of the stock. 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