Citi group Inc C Resistance, pivot & Support Levels - 06/07/2011
Resistance levels: $41.30, $40.22, $39.14
Pivot point: $38.52
Support levels: $37.44, $36.82, $35.74
Share of Citigroup was up 5% on Monday with market and stock is keep going down after company reversed split.Share of Citigroup Inc.(C) is next support area which is $38 &36. Citigroup will have resistance at the 200 day moving average now ($42.91).But real resistance will be over $44.Citigroup Inc will have support level now $40. If C has next support level under $40 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 under $40.
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