Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for September 17, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/17/09
Resistance Levels: $4.31, $4.57
Support Levels: $4.10, $4.02, $3.80
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Citigroup showed signs of a bottom on Wednesday as it failed to break Tuesday's low at $4.11. I continue to watch the 10 day moving average located at $4.57 but falling rapidly. As soon as Citigroup stock closes over the 10 day, I will get back in. Until then, Citigroup is still in a downtrend so the risk of falling below $4 is high. If Citigroup breaks above Wednesday's high of $4.31, I also plan to buy but just for a trade. For more Technical Analysis - Go Here
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