Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/1/09
Resistance Levels: $4.80, $5.02
Support Levels: $4.50, $4.46
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Citigroup bounced off the 10 day moving average again on Wednesday and closed at the high of the day. I didn't actually watch the final minutes of trading but I don't believe it actually traded in the $4.80's. Anyhow, the stock is higher in afterhours and I continue to like pullbacks to the 10 day moving average. The next major resistance area for Citigroup is $4.99-$5.02. Bullish on Citigroup right now! For more Technical Analysis - Go Here
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