Friday, June 18, 2010

Citigroup Inc C Technical Analysis

Citi group Inc C  Resistance & Support Levels - 06/18/2010

Citigroup Inc C stock technical analysis for June 18, 2010

Support & Resistance Levels - 6/18/10

Resistance levels: $4.15, $4.08, $4.02


Support levels:$3.90, $3.84, $3.78


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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