Citigroup Inc C stock technical analysis for August 04, 2010
Support & Resistance Levels - 8/04/10
Resistance levels: $4.24, $4.21, $4.18
Support levels:$4.11, $4.07, $4.04
Share of Citigroup Inc is trading near key support level which is near $4.Stock is trading $3.80 to $4.20 level last week.I think near $4 is good long term buy.But if stock break over $4.20 stock could go $4.30-$4.50 next level.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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