Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for August 6, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 8/6/09
Resistance Levels: $3.77, $3.83, $4, $4.05 $4.25
Support Levels: $3.50, $3.38, $3.21
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Citigroup is getting ready to open pre market at $3.69 today on 8/6/09. After digging deep, it appears there will be some pretty nice resistance in the $3.77-$3.83 area. After that, there is nothing until $4-$4.05. A close over $4.05 would be super bullish and I think C stock could make a run towards the double top resistance located at $4.41 - $4.48. If you see above, the 200 day moving average is also coming into play...A close over the 200 day would be a huge long term buy signal. I would be a buyer of pullbacks to the 10 & 50 day moving averages around $3.10. For more Technical Analysis - Go Here
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