Citi group Inc C Resistance, pivot & Support Levels - 5/7/2012
Resistance levels: $33.22, $32.88, $32.24
Pivot point: $31.90
Support levels: $31.26, $30.92, $30.28
Share of Citigroup is trading under all moving average which is bullish side now. Stock has short term support is $30 which is recent low and long term support area is $21.Share of Citigroup Inc.(C) is break out $35.99 which is now new resistance area. Citigroup has next big resistance will be over $38.53. 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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