Citigroup Inc C stock technical analysis for May 26, 2010
Support & Resistance Levels - 5/26/10
Resistance levels: $4.04, $3.95, $3.86
Support levels:$3.62, $3.47, $3.38
Share of Citigroup Inc up in pre-market because of Citigroup Raised Oppenheimer Perform to Outperform Stock still trading under all moving average which is very bearish.Stock closed under $4 level which is bearish side, if stock go under $3.90 I will buy more for long side.Resistance level is $4 and support area is $3.53.I will buy more $4.20 area for safer side.For long term investment stock is buy this level.Long run stock could be see double in $6-$8 , next 12 months.
You want to find out more Technical Analysis -Go Here
Good Luck .. Trade Smart!
For the latest updates on the stock market, visit,
http://hotstocks-blog.blogspot.com/ or Subscribe for free.