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Friday, June 10, 2011

Citigroup Inc C Technical Analysis 6/10/11

The following is Citigroup Inc  (C) Technical analysis for June 10, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 06/10/2011

Resistance levels: $39.16, $38.69, $38.23


Pivot point: $37.51


Support levels: $37.05, $36.33, $35.87



Share of Citigroup was up 3% 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 $35 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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