Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for September 9, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/9/09
Resistance Levels: $4.81, $4.85, $5.00, $5.02
Support Levels: $4.65, $4.50, $4.30
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Citigroup closed back below the 10 day moving average Tuesday and was weak all day long after failing at $5.00. I am back on the sidelines and will be waiting for Citigroup to get back over the 10 day moving average before I buy back in. I will also be buying at the $4.50 support level but a very small position. As soon as Citigroup can close back over $5, I think the stock will continue the recent uptrend. The fact that Citi failed at $5 yesterday makes it an even greater resistance level. For more Technical Analysis - Go Here
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