Citi group Inc C Resistance, pivot & Support Levels - 05/09/2011
Resistance levels: $46.60, $46.13, $46.66
Pivot point: $45.33
Support levels: $44.86, $44.53, $44.06
Keep in mind, Citigroup will be doing a 1:10 reverse stock split in May 09, 2011.Share of Citigroup Inc.(C) is trading $44-$46 last few days. Citigroup will have support at the 200 day moving average now ($44.59).Citigroup Inc will have resistance level now $46-$47. If C has next support level $43 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 $43.
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