Citi group Inc C Resistance, pivot & Support Levels - 3/5/2012
Resistance levels: $34.76, $34.52, $34.36
Pivot point: $32.22
Support levels: $33.96, $33.82, $33.56
Share of Citigroup is trading over all moving average which is bullish side now. Stock has short term support is $31.28 which is 50 day moving average 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.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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