Citigroup Inc C Technical Analysis - 04/29/2010Resistance levels: $4.69, $4.79
Support levels:$4.40, $4.20
Citigroup (NYSE:C) share rebound yesterday but stock close under 9 day moving average.Stock trading over $4.50 in pre-market today.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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