Wednesday, October 20, 2010

Citigroup Inc C Technical Analysis

Citi group Inc C  Resistance & Support Levels - 10/21/2010

Citigroup Inc C stock technical analysis for  October 21, 2010

Support & Resistance Levels - 10/21/10

Resistance levels: $4.21, $4.17, $4.14


Support levels: $4.05, $3.99, $3.96

Citigroup Inc  is rebound from  low $4 in  good  market. The stock closed near high of the day  am watching the stock on Thursday, and will be buying once the stock breaks through Monday’s high of $4.20. Citigroup could be a good stock for medium-term investment, based on its historical performance and from the technical indicators. Let's keep an eye on it. 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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Good Luck .. Trade Smart!


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