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Saturday, August 6, 2011

Citigroup Inc C Technical Analysis 8/6/11

The following is Citigroup Inc  (C) Technical analysis for August 08, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 08/08/2011

Resistance levels: $39.04, $37.27, $35.35


Pivot point: $35.58


Support levels: $31.66, $29.89, $27.97



Share of Citigroup is trading under all moving average on Friday and stock is need to hold $31 level for going forward.Share of Citigroup Inc.(C) is next resistance area is $36.Citigroup  will be real resistance will be over $44.Citigroup Inc will have support level now $40. If C  has next support level near $30 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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