Citi group Inc C Resistance, pivot & Support Levels - 04/18/2011
Resistance levels: $4.62, $4.55, $4.49
Pivot point: $4.41
Support levels: $4.35, $4.27, $4.41
Share of Citigroup Inc. (C) was flat on Friday and stock is now bearish side now. 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.
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