Saturday, April 17, 2010

Citigroup Inc C Technical Analysis

Citigroup Inc C Technical Analysis - 04/19/2010

Resistance levels: $4.82, $5.08, $5.43

Support levels:$4.40, $4.20









Citigroup Inc  got crushed on Friday  because of  GS news but technically Citigroup Inc held $4.40 support and then bounced back to close above the 9 day moving average that is bullish. Citigroup Inc earnings are due out next week. If Citigroup closes back above $5.00 again, it is a strong buy going forward. I would then expect the stock to retest the $5.43 52 week high in coming days.

Good Luck .. Trade Smart!

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