Citigroup Inc C stock technical analysis for August 11, 2010
Support & Resistance Levels - 8/11/10
Resistance levels: $4.12, $4.08, $4.04
Support levels:$3.98, $3.96, $3.92
Share of Citigroup Inc is trading under $4 in pre-morning trade.Stock is trading $3.80 to $4.20 level last week.I think we could see $3.80 again good buying opportunity..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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