Citi group Inc C Resistance, pivot & Support Levels - 1/23/2012
Resistance levels: $30.93, $30.28, $29.96
Pivot point: $29.31
Support levels: $28.99, $28.34, $28.02
Share of Citigroup is trading over 9 day moving average which is bullish side now. Stock has short term support is 27.66 and long term support area is $21.Share of Citigroup Inc.(C)is break out $32 which is now new resistance area. Citigroup has short term resistance at 200 ema and 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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