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Wednesday, February 1, 2012

Citigroup (C) Stock Analysis February 1, 2012

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for February 1, 2012

Citigroup Inc (NYSE:C) Support & Resistance Levels - 2/1/12

Resistance Levels: $32

Support Levels: $28's

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

Citigroup Inc. (NYSE:C) stock is trading above $31 on Wednesday. Citigroup (C) will have support down around $27.77 which is the 50 day moving average. Citigroup (C) will now have resistance located at $32. Citigroup (C) stock has recently stalled between $30-$32 so I would be a seller up here. Citigroup is a strong buy below $27.

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