Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/19/09
Resistance Levels: $4.31, $4.41, $4.61, $5.00
Support Levels: $4.23, $4.15, $4.00, $3.80
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Citigroup Inc (C:NYSE) broke the recent $4.28 high but stopped right at the $4.31 resistance level. The short term uptrend continues but a break above $4.31 is key during the rest of this week. I added to my long position today for the first time in over a month. I am watching the 50 day moving average at $4.41. A close above this moving average will cause me to add more Citigroup stock to my portfolio. On the downside, there is solid support at the 10 day moving average which is now trending higher! For more Technical Analysis - Go Here
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