Citi group Inc C Resistance, pivot & Support Levels - 05/25/2011
Resistance levels: $41.45, $41.07, $40.70
Pivot point: $40.47
Support levels: $40.10, $39.87, $39.50
Share of Citigroup is flat on Wednesday 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 ($44.23).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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