Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/4/09
Resistance Levels: $4.11, $4.24, $4.55
Support Levels: $3.80, $3.57
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Citigroup Inc (C:NYSE) closed back above $4 after holding $3.80 in early trading on Tuesday. I am now watching resistance between $4.11-$4.15 as well as $4.24 which is the 10 day moving average. A close above the 10 day moving average would be very bullish and more buyers should come back into the stock. I plan to add to my long position when the stock closes back above the 50 day moving average ( $4.55 ). For more Technical Analysis - Go Here
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