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Friday, July 22, 2011

Citigroup Inc C Technical Analysis 7/22/11

The following is Citigroup Inc  (C) Technical analysis for July 22, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 07/22/2011

Resistance levels: $42.10, $41.24, $40.78


Pivot point: $39.92


Support levels: $39.46 $38.60, $38.14



Share of Citigroup is trading over 9 day moving average on Thursday and stock is look like found some support at $36.Stock was nice uptrend last few days.Share of Citigroup Inc.(C) is next resistance area is $46 which is last May high. Citigroup  will be 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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