Citi group Inc C Resistance, pivot & Support Levels - 06/09/2011
Resistance levels: $39.24, $38.43, $37.62
Pivot point: $37.19
Support levels: $36.38, $35.95, $35.14
Share of Citigroup was up 2% 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 $36. Citigroup will have resistance at the 9 day moving average now ($38.96).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 low $30.
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