Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/24/09
Resistance Levels: $4.31, $4.39, $4.61, $5.00
Support Levels: $4.19, $4.00, $3.80
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Citigroup Inc. (NYSE:C) continues to bounce off It's 10 day moving average and move higher. Monday, Citigroup closed at the highs of the day and is indicated to open at $4.30 as far as afterhours trading goes.
Resistance is located at $4.31 which was the high last week and key resistance level in October 2009. Also, a close over the 50 day moving average ( currently $4.39 ) would be huge and I will be adding to my long position. Watch $4.31 & $4.39 this week on C stock. For more Technical Analysis - Go Here
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