Citi group Inc C Resistance, pivot & Support Levels - 4/9/2012
Resistance levels: $35.95, $35.61, $35.20
Pivot point: $34.86
Support levels: $34.45, $34.11, $33.70
Share of Citigroup is trading under all moving average which is bullish side now. Stock has short term support is $34.23 which is 50 day moving average and long term support area is $21.Share of Citigroup Inc.(C) is break out $38.40 which is now new resistance area. Citigroup has next big resistance will be over $43.03. 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 $42-$45 area for next 12 months.This is my one of the Top Pick for 2012.
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