Citi group Inc C Resistance, pivot & Support Levels - 04/19/2011
Resistance levels: $4.69, $4.60, $4.51
Pivot point: $4.43
Support levels: $4.34, $4.26, $4.17
Share of Citigroup Inc. (C) was flat on Monday and stock is now bearish side now.Citifrop earning came few min ago, rev is little light side.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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