Citi group Inc C Resistance, pivot & Support Levels - 2/6/2012
Resistance levels: $34.84, $34.22, $33.88
Pivot point: $32.26
Support levels: $32.92, $32.30, $31.96
Share of Citigroup is trading over all 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 $34.48 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.
For more Technical Analysis -Go Here
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/
