Thursday, May 6, 2010

Pre-Market: Citigroup Inc C Technical Analysis

Citigroup Inc C Technical Analysis - 05/06/2010


Resistance levels: $4.46, $4.36, $4.27

Support levels:$4.06, $3.94, $3.85



Citigroup Inc  is trading under all moving average. Citigroup Inc should find some support between $4-$4.20 area. I will go long if close over 9 day moving average.Down side stock could go $4 area depend on how SPX do nest few days.Long run stock could be see double in next 6-8 months.

Good Luck .. Trade Smart!

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