Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/11/09
Resistance Levels: $4.31, $4.47
Support Levels: $4.00, $3.80, $3.57
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Citigroup Inc (C:NYSE) closed over the 10 day moving average again Tuesday but reversed after hitting $4.26. I continue to hold a long position as well as a short term trading position. I will sell my trading position if the stock breaks back below $4. I will add to my long term position if the stock closes back above the 50 day moving average now located at $4.47.
The 200 day moving average has finally stopped going down and it actually turning up slightly.....this is a very bullish trend for the long term. For more Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Citigroup Stock Group
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