Monday, May 10, 2010

Citigroup Inc C Technical Analysis

Citigroup Inc C Technical Analysis - 05/10/2010


Resistance levels: $4.34, $4.22, $4.11

Support levels:$3.90, $3.80, $3.69



Citigroup Inc  is trading under all moving average. Citigroup Inc should find some resistance between $4.20-$4.30 area. I will go long if close over 9 day moving average.Down side stock could go $4 area depend on how SPX do nest few days.Jim Cramer and other analyst are recommending a BUY on Ctigroup stock with target price at $7.50. Share of Citigroup Inc.Long run stock could be see double in next $6-$8 months.

Good Luck .. Trade Smart!

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