Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for September 24, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/24/09
Resistance Levels: $4.75, $4.99
Support Levels: $4.60, $4.45
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Citigroup hit resistance at $4.75 and sold off close to the 10 day moving average on Wednesday. When Citigroup finally does break above $4.75, I believe a retest of $5.00 will soon follow. I like pullbacks under $4.50 to the 10 day moving average but would be a seller if Citigroup closes under the 10 day again. The low volume sell-off doesn't concern me, this is rather typical. What I want to see is heavy volume on the up days. For more Technical Analysis - Go Here
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