Citigroup Inc C stock technical analysis for June 17, 2010
Support & Resistance Levels - 6/17/10
Resistance levels: $4.07, $4.04, $4.01
Support levels:$3.94, $3.90, $3.87
Share of Citigroup Inc just closed near 9 day moving average which is $3.90.Stock was closed under $4 level which was bearish side, if stock go under $3.60 I will buy more for long side.Resistance level is $4.20 and long term support area is $3.53 which I will buy that level.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.
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