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Thursday, June 30, 2011

Citigroup Inc C Technical Analysis 6/30/11

The following is Citigroup Inc  (C) Technical analysis for July 01, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 07/01/2011

Resistance levels: $42.81, $42.40, $42.02


Pivot point: $41.61


Support levels: $41.23, $40.82, $40.44



Share of Citigroup was flat on Thursday and stock is look like found some support at $36.Stock was nice uptrend last few days.Share of Citigroup Inc.(C) is next support area  which is $36. Citigroup will have resistance at the 20 day moving average now ($43.13).But real resistance will be over $44.Citigroup Inc will have support level now $40. If C  has next support level under $35 which is good buying opportunity  for long term. I think time to buy long term  buy stock so  if market get correction, stock is buy low  $30. 

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