Citigroup Inc C stock technical analysis for October 13, 2010
Support & Resistance Levels - 10/13/10
Resistance levels: $4.35, $4.31, $4.27
Support levels: $4.16, $4.09, $4.05
Share of Citigroup Inc is trading over $4.27 in pre-market which is bullish side now .Stock is may be will test $4.30 this morning after JP Morgan (JPM) reported solid earnings. Citigroup Inc has support located at $4.00 which needs to hold on the downside. Citigroup Inc has resistance located between $4.27-$4.30 so expect the stock to stall near that area. Stock is remains a solid long term buy below $4.00 and a strong buy below $3.80.I will keep on eye on it.
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