Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for November 13, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/13/09
Resistance Levels: $4.28, $4.31, $4.45
Support Levels: $4.00, $3.80, $3.57
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Citigroup Inc (C:NYSE) appears to be continuing It's downtrend after the stock was weak all day Thursday and closed near the lows. $4.00 is a support level worth watching on a closing basis....it must hold. If Citigroup closes below $4, I would expect another retest of $3.80.
On the upside, I will now buy Citigroup stock when it closes above Wednesday high of $4.28. I will also add Citi to my long term portfolio when it closes back over the 50 day moving average as well as $5. For more Technical Analysis - Go Here
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