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Tuesday, January 3, 2012

Citigroup Inc C Technical Analysis - 1/3/12

The following is Citigroup Inc  (C) Technical analysis for January 3, 2012

Citi group Inc C  Resistance, pivot & Support Levels - 1/3/2012

Resistance levels: $27.11, $26.95, $26.95


Pivot point: $26.46


Support levels: $26.14, $25.97, $25.65



Share of Citigroup is closed under 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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