Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for November 27, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/27/09
Resistance Levels: $4.31, $4.39, $4.61, $5.00
Support Levels: $4.00, $3.80
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Citigroup Inc (NYSE:C ) fell below the 10 day moving average and broke $4.15 on Wednesday which is very bearish. I sold the shares I bought from my long term portfolio last week but still hold my original position which I will not be selling. I plan to buy the shares back that I sold on Wednesday when Citigroup closes over $4.31. I'm not really sure why there is such weakness but somebody is selling big. $4.00 is a support level that must hold or things could get ugly again. For more Technical Analysis - Go Here
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