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Monday, November 28, 2011

Citigroup Inc C Technical Analysis - 11/28/11

The following is Citigroup Inc  (C) Technical analysis for November 28, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 11/28/2011

Resistance levels: $25.23, $24.87, $24.25


Pivot point: $23.89


Support levels: $23.89, $22.91, $22.29



Share of Citigroup is continue downtrend with market  which is short term bearish now. Stock has news 21s which is support for going forward  and stock is need to hold $21.Share of Citigroup Inc.(C)is break out $30 which is now new resistance area. Citigroup has next big resistance will be over $36. If C  has next support level near $21 which is good buying opportunity  for long term. I think time to buy long term  buy in low $20s because there is some bounce stock can go $34-$36 area.

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