Citi group Inc C Resistance, pivot & Support Levels - 7/9/2012
Resistance levels: $27.39, $27.08, $26.72
Pivot point: $26.72
Support levels: $26.05, $25.74, $25.38
Share of Citigroup is trading under 9 day moving average which is bearish side now. Stock has short term support is $23 & $24.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 $32.30. 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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