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Thursday, September 17, 2009

Citigroup Inc C Stock 9/18/09 September 18 2009

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for September 18, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/18/09

Resistance Levels: $4.56, $4.57, $4.76

Support Levels: $4.25, $4.15


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Citigroup stock surged to retest the 10 day moving average but failed on Thursday. I plan to buy Citigroup as soon as it closes back over this level. Until then, it is vulnerable to downside moves just like we are seeing in after hours tonight.

Support: There is some nice support right now between $4.15-$4.25. If this doesn't hold I expect $4 to be tested. After $4, the $3.80's would be a strong buy. For more Technical Analysis - Go Here


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