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  • Citigroup Inc. (NYSE:C) - What to Expect on Monday

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    Citigroup Inc
    Monday August 30, 2010 at 09:53 am EST
    Citigroup Inc. (NYSE:C) - Stock Market Analysis

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    Citigroup Inc. (NYSE:C) has been ranked as the Best Consumer Internet Bank for the sixth time since 2004. The recognition came from the prestigious Global Finance magazine in its annual World’s Best Internet Banks awards. Citigroup Inc. (NYSE:C) received this award in recognition of the strength of its strategy for attracting and servicing online customers, breadth of product offerings, evidence of tangible benefits gained from Internet initiatives, and website design and functionality.

    There is no mjor news which can give proper direction to the Citi Stock. Citigroup Inc. (NYSE:C) stock is trading at $3.73 near the support level of $3.74. The support levels below that at $3.43 and $3.19 which are very weak. Resistance levels for Citigroup inc. - $3.85, $3.95 and $4.1. Support Levels - $3.74, $3.46 and $3.19.

    Shares of Citigroup Inc (NYSE:C) have a 1 yr target of $5.5. Citigroup is still the most undervalued stock among Big Financials. 

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