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Monday, December 26, 2011

Citigroup Inc C Technical Analysis - 12/26/11

The following is Citigroup Inc  (C) Technical analysis for December 27, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 12/27/2011

Resistance levels: $28.71, $28.32, $27.89


Pivot point: $27.50


Support levels: $27.07, $25.68, $26.25



Share of Citigroup is closed over 9 day moving average which is bullish side 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 $36.92. 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 $40 area for next 12 months.This is my one of the Top Pick for 2012.

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