Citigroup Inc C Stock Analysis - 10/28/09

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for October 28, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/28/09

Resistance Levels: $4.59, $4.80, $5.00

Support Levels: $4.15, $4.11, $3.80, $3.57

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Citigroup Inc (C:NYSE) continues to trade below the 10 & 50 day moving averages which is bearish for the short term. Support at $4.11-$4.15 must hold or I think the stock could fall below $4. I plan to add to my long term position when the stock closes back above both moving averages ( which right now would be $4.60 ). This would be a sign of strength in the stock. For more Technical Analysis - Go Here

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