Tuesday, September 14, 2010

Citigroup Inc C Technical Analysis -Is Citigroup buy here?

Citi group Inc C  Resistance & Support Levels - 09/14/2010

Citigroup Inc C stock technical analysis for September 14, 2010

Support & Resistance Levels - 9/14/10

Resistance levels: $4.06., $4.03, $3.99

Support levels: $3.96, $3.93, $3.91



Share of Citigroup Inc is not break  $3.53 which is long term support and stock rebound from $3.64.Stock is trading under $3.80 which is bearish next key support level is $3.53 which  long term support area.For bullish side stock should be stray over $4 area.I think near $3.60 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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