Citigroup Inc C stock technical analysis for August 09, 2010
Support & Resistance Levels - 8/09/10
Resistance levels: $4.15, $4.12, $4.09
Support levels:$4.02, $3.98, $3.95
Share of Citigroup Inc is trading near key support level which is near $4.Stock is trading $3.80 to $4.20 level last week.I think near $4 is good long term buy.But if stock break over $4.20 stock could go $4.30-$4.50 next level.I will buy more for long side.Resistance level is $4.20 and long term support area is $3.53 which I will buy that level.I will buy more $4.20 area for safer side.For long term investment stock is buy this level.Long run stock could be see double in $6-$8 , next 12 months.
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