Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for September 1, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/1/09
Resistance Levels: $5.11, $5.43, $5.60, $6.50
Support Levels: $4.84, $4.70
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Citigroup stock continues to trend along with the 10 day moving average after making a short term top at $5.43. I continue to buy pullbacks anywhere near the 10 day for a trade or a long term position. A close below the 10 day moving average would be bearish and i'd stop buying for the long term but would continue buying the dips for a trade. On the upside, there is resistance at $5.11, if Citi breaks above this level, I think you could see the stock run again. There is major resistance located between $5.37-$5.43 and then $5.60. A close above $5.60 would be super bullish and there is virtually no resistance until the mid $6's. For more Technical Analysis - Go Here
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