Citi group Inc C Resistance, pivot & Support Levels - 10/1/2012
Resistance levels: $33.64, $33.38, $33.05
Pivot point: $32.79
Support levels: $32.46, $32.20, $31.87
Share of Citigroup is trading under 9 day moving average which is bearish side now. Stock has short term support is $30 & $28.50 and resistance level $35.25 area.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 $36. 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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