Citi group Inc C Resistance, pivot & Support Levels - 05/24/2011
Resistance levels: $41.22, $40.86, $40.51
Pivot point: $40.28
Support levels: $39.93, $39.70, $39.35
Share of Citigroup was 2% down on Monday and stock is keep going down after company reversed split.Share of Citigroup Inc.(C) is next support area which is $39. Citigroup will have resistance at the 200 day moving average now ($44.31).Citigroup Inc will have support level now $40. If C has next support level under $40 which is good buying opportunity for long term. I think time to buy long term buy stock so if market get correction, stock is buy under $40.
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