Citigroup Inc C Stock 10/23/09 October 23 2009

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for October 23, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/23/09

Resistance Levels: $4.63, $4.71, $4.80, $5.00

Support Levels: $4.40, $4.31, $4.15

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Citigroup Inc (C:NYSE) had a nice rebound Thursday afternoon but still continues to trade below both the 10 & 50 day moving averages. Until this changes, the risk is to the downside. I am watching the $4.63 high from Tuesday. If Citigroup closes above this level, I will add to my long position. I also will be adding when the stock closes above $5.00. The next major support level on the downside is $4.31. For more Technical Analysis - Go Here

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