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Saturday, April 28, 2012

Citigroup Inc C Technical Analysis - 4/28/12

The following is Citigroup Inc  (C) Technical analysis for April 30, 2012

Citi group Inc C  Resistance, pivot & Support Levels - 4/30/2012

Resistance levels: $34.63, $34.36, $33.93


Pivot point: $33.66


Support levels: $33.23, $32.96, $32.53



Share of Citigroup is trading under all  moving average which is bullish side now. Stock has short term support is $32.20 which is recent low 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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