Citi group Inc C Resistance, pivot & Support Levels - 05/14/2010Resistance levels: $4.24, $4.19, $4.14
Share of Citigroup Inc closed under all moving average which is very bearish.I am watching now key support level $4.Going forward I am watching to go long $3.90 level for down side, I good buy here $3.90 if stock visit I will buy more.If stock closed over $4.40 that will bullish for upside.Next resistance area is $4.20 which is 9 day moving average. Down side stock could go $3.80 area depend on how SPX do next few days.Jim Cramer and other analyst are recommending a BUY on Ctigroup stock with target price at $7.50.
Support levels:$4.06, $4.03, $3.98
Share of Citigroup Inc closed under all moving average which is very bearish.I am watching now key support level $4.Going forward I am watching to go long $3.90 level for down side, I good buy here $3.90 if stock visit I will buy more.If stock closed over $4.40 that will bullish for upside.Next resistance area is $4.20 which is 9 day moving average. Down side stock could go $3.80 area depend on how SPX do next few days.Jim Cramer and other analyst are recommending a BUY on Ctigroup stock with target price at $7.50.
Good Luck .. Trade Smart!
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