Citigroup Inc C Stock 10/2/09 October 2 2009

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for October 2, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/2/09

Resistance Levels: $4.84, $5.02

Support Levels: $4.50, $4.20

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Citigroup closed right at the 10 day moving average on Thursday ahead of the key jobs report tomorrow. The 10 day has been a strong support level recently and each pullback has been bought heavily. If this level does not hold, look for the 50 day moving average to hold. With the 50 day being right at previous support ( $4.15-$4.20 ), I will be a buyer if Citigroup pulls back to this area. For more Technical Analysis - Go Here

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