Citi group Inc C Resistance, pivot & Support Levels - 5/14/2012
Resistance levels: $30.69, $30.33, $29.84
Pivot point: $29.48
Support levels: $28.99, $26.63, $28.14
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 stock broke $30 level now next short term support area is $28.40.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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