Citi group Inc C Resistance, pivot & Support Levels - 06/03/2011
Resistance levels: $41.05, $41.05, $40.53
Pivot point: $39.53
Support levels: $39.29, $38.57, $38.05
Share of Citigroup was up 1% on Thursday 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 ($44.05).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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