Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for August 13, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 8/13/09
Resistance Levels: $4, $4.05 $4.25, $4.48
Support Levels: $3.85, $3.50,
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Citigroup stock had a successful retest of the 10 day moving average this week and support at $3.50. Shares are now back over $4 in pre market on the BAC news. I am watching for the first close over $4.05 which would cause a new break out and potentially cause a run up to $4.48 resistance as well as a close over the 200 day moving average. If Citigroup can close over both $4.48 and the 200 day moving average....it would send a buy signal to major technicians and send the stock even higher.
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