Citi group Inc C Resistance, pivot & Support Levels - 04/20/2011
Resistance levels: $4.66, $4.61, $4.57
Pivot point: $4.50
Support levels: $4.46, $4.39, $4.35
Share of Citigroup Inc. (C) is close over 9 day moving average.Citigroup will have support at the 200 day moving average now ($4.45).Citigroup Inc will have resistance level now $4.62-$4.70. If C has next support level $4.30 which is good buying opportunity for long term. I think time to buy long term buy stock so if if market get correction, stock is buy under $4.30.Also something to keep in mind, Citigroup will be doing a 1:10 reverse stock split in May 2011.
For more Technical Analysis -Go Here
For the latest updates on the stock market, visit,
http://technicalanalysis-blog.blogspot.com/
