Citi group Inc C Resistance, pivot & Support Levels - 05/31/2011
Resistance levels: $41.83, $41.54, $41.25
Pivot point: $40.77
Support levels: $40.48, $40.00, $39.71
Share of Citigroup is rebound on Friday 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 ($44.16).But real resistance will be over $44.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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