Citigroup Inc C stock technical analysis for November 29, 2010
Resistance levels: $4.22, $4.18, $4.14
Support levels: $4.08, $4.06, $4.02
Stock is trading under all moving average now which is bearish now but stock closed over 50 day moving average. Stock is trading near 200 day moving average.Citigroup will now have resistance located at $4.20. When Citigroup closes above $4.37, I think it will be good buy again. Citigroup is a strong buy on pullbacks below $4.00.When Citigroup closes above $4.37,I think it will be good buy again.
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