Citi group Inc C Resistance, pivot & Support Levels - 06/02/2011
Resistance levels: $42.41, $41.49, $40.57
Pivot point: $40.08
Support levels: $39.16, $38.67, $37.75
Share of Citigroup is down 4% on Wednesday with market 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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