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Monday, December 5, 2011

Citigroup (C) Stock Analysis - 12/5/11

By Tim - http://stockstobuy.org ( Stock Forum )

The following is Citigroup Inc. ( C ) stock technical analysis for December 5, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 12/5/11

Resistance Levels: $30

Support Levels: $25

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

Citigroup Inc. (NYSE:C) stock is currently trading in the high $28's on Monday. After hitting a low at $23.30 two weeks ago, Citigroup Inc. (C) stock is now back above the 50 day moving average around $28. If we see a close back above $28, we could see a rally back to $30. Support is now located at $25.

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