Monday, September 20, 2010

Citigroup Inc C Technical Analysis

Citi group Inc C  Resistance & Support Levels - 09/20/2010

Citigroup Inc C stock technical analysis for September 20, 2010

Support & Resistance Levels - 9/20/10



Resistance levels: $4.09, $4.04, $3.99

Support levels:$3.92, $3.90, $3.83


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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