The following is a little Citigroup ( C ) stock technical analysis for April 20, 2009Citigroup Support & Resistance Levels - 4/20/09
Resistance Levels: $4.00, $4.16, $4.48, $5.00
Support Levels: $3.50, $3.35, $3.32, $3.00
Citigroup stock broke back below $4 on Friday but held the $3.50 level several times. I am watching the 10 day moving average currently located at $3.35. A close below the 10 day moving average would be a bad sign and i'd look for $2.90-$3.00 to be tested. Citi can go either way at this point so watch the 10 day moving average and previous resistance at $3.89 for the next trend. It is possible that the run is over for the short term. For More Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
