Citigroup Inc C stock technical analysis for October 15, 2010
Support & Resistance Levels - 10/15/10
Resistance levels: $4.35, $4.25, $4.15
Support levels: $3.97, $3.89, $3.79
Share of Citigroup Inc is down with all bank stock. stock look bad ta side because stock close under 9 day moving average.But stock rebound from 50 day moving average.Stock is buy under $4.Citigroup Inc has support located at $4.00 which needs to hold on the downside. Citigroup Inc has resistance located between $4.20-$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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