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Sunday, June 19, 2011

Citigroup Inc C Technical Analysis 6/19/11

The following is Citigroup Inc  (C) Technical analysis for June 20, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 06/20/2011

Resistance levels: $39.07, $38.81, $38.55


Pivot point: $38.21


Support levels: $37.95, $37.61, $37.35



Share of Citigroup was up 2% in Friday and stock is look like found some support at $36.Share of Citigroup Inc.(C) is next support area  which is $36. Citigroup will have resistance at the 50 day moving average now ($41.56).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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