Citigroup Inc C stock technical analysis for November 01, 2010
Support & Resistance Levels - 11/01/10
Resistance levels: $4.21, $4.19, $4.18
Support levels: $4.15, $4.13, $4.12
Citigroup Inc is trading $4-$4.20 last few days. I am watching the price The stock closed near high of the day am watching Fridays high of $4.18. Citigroup could be a good stock for medium-term investment, based on its historical performance and from the technical indicators. Let's keep an eye on it. Citigroup Inc has resistance located between $4.20-$4.30 so expect the stock to stall near that area. Stock is remains a solid long term buy below $4.00 and a strong buy below $3.80.I will keep on eye on it.
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