By Tim - http://stockstobuy.org The following is Citigroup Inc. ( C ) stock technical analysis for January 12, 2012
Citigroup Inc (NYSE:C) Support & Resistance Levels - 1/12/12
Citigroup Inc. (NYSE:C) exploded above $30 this week and is on fire. Citigroup (C) will have resistance located at $34.10 as well as $34.40 this week. I still think that a close back above $30 will result in a retest of $32-$34. Citigroup (C) will now have support located at $30. If Citigroup (C) stock closes back below $30, $28 could be retested. Citigroup is a strong buy below $27.
Citigroup Inc (NYSE:C) Support & Resistance Levels - 1/12/12
Citigroup Inc. (NYSE:C) exploded above $30 this week and is on fire. Citigroup (C) will have resistance located at $34.10 as well as $34.40 this week. I still think that a close back above $30 will result in a retest of $32-$34. Citigroup (C) will now have support located at $30. If Citigroup (C) stock closes back below $30, $28 could be retested. Citigroup is a strong buy below $27.
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