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Saturday, November 28, 2009

Citigroup Inc C Stock 11/30/09 November 30, 2009

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for November 30, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/30/09

Resistance Levels: $4.31, $4.39, $4.61, $5.00

Support Levels: $4.00, $3.80


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Citigroup Inc (NYSE:C) tanked on Friday as the company has about 1.6 billion in exposure to the Dubai Debt crisis. The stock managed to close above $4 but has been very weak lately. I plan to add to my long position when Citigroup closes back over the $4.31 resistance level. Things won't really get better for Citigroup until the stock closes back above the 50 day moving average ( currently $4.38 ).

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