Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/14/09
Resistance Levels: $4.99 $5.02
Support Levels: $4.68, $4.45, $4.30
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Citigroup Inc (C:NYSE) finally closed back over the $4.80 resistance level. Given this break out, I added to my long position and will do so again when Citi closes back over $5 which is the next major resistance level. The only way I will buy on the dip going forward is if I see a pullback to the 50 day moving average. Stay Tuned for earnings which are due out before the open on Thursday. For more Technical Analysis - Go Here
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