Citigroup Inc C Technical Analysis - 04/27/2010Resistance levels: $5.00, $4.79
Support levels:$4.50, $4.40
Citigroup (NYSE:C) down yesterday because of Share of Citigroup Inc down yesterday because of U.S. Treasury Department approved an initial sale of 1.5 billion shares of Citigroup Inc. common stock.Most analyst expect Citigroup to declare better earnings and hopefully improved outlook for 2010. Jim Cramer and other analyst are recommending a BUY on Ctigroup stock with target price at $7.50. Share of Citigroup Inc. closed again 6 months high which is bullish, C is now nearing the resistance zone between $4.79-$5.C is short term pull back here. Stock close over $4.60 which is very bullish.Next support will be $4.20 level that will good buying opportunity.
Good Luck .. Trade Smart!
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