Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/6/09
Resistance Levels: $4.80 $4.84, $5.02
Support Levels: $4.55, $4.30, $4.25
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Citigroup closed back over the 10 day moving average, a bullish signal if you are trading this stock on the long side. Keep an eye on three major resistance levels; $4.80, $4.84, $4.99. I will be buying the stock on each close above these levels. I would also be a buyer of Citigroup if we get a pullback to the 50 day moving average ( $4.25 ). For more Technical Analysis - Go Here
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