Citigroup Inc. (NYSE: C) (NYSE:C) Stock Research Trends Targets and Technical Analysis - NYSE New york stock exchange [en]

Today we will analyze the stock Citigroup Inc. (C) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Citigroup Inc. (C)
1- Last bullish trend was from 3.35 $ (2/23/2010) to 4.18 $ (3/11/2010) a 0.83 $ move 2- The current bearish trend started from 4.18 $ at 3/11/2010 and is currently trading at 3.89 $. 3- C current support level is at 3.86 which is the 38.20 % fibonacci retracement of the last 0.83 $ move.
4- C current resistance level is at 3.98 which is the 23.60 % fibonacci retracement of the last 0.83 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Citigroup Inc. (C) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 3.350 and 3.150, and is currently supporting at 3.630.
Citigroup Inc. (C) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 3.150 .
Citigroup Inc. (C) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 3.650 and 5.000 that was broken up at 3.180 transforming into a supporting line.

Stock Trading Conclusion:
Citigroup Inc. (C) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 3.96, 3.98, 4.00, 4.03, 4.07, 4.18,.
Stock Support levels : 3.86, 3.76, 3.67, 3.63, 3.35, 3.15, 3.12, 2.84,.