Citi group Inc C Resistance, pivot & Support Levels - 3/19/2012
Resistance levels: $37.43, $37.11, $36.90
Pivot point: $36.58
Support levels: $36.37, $36.05, $35.84
Share of Citigroup is trading over all moving average which is bullish side now. Stock has short term support is $31.68 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-$45 area for next 12 months.This is my one of the Top Pick for 2012.
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