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Thursday, November 5, 2009

Citigroup Inc C Stock 11/6/09 November 6 2009

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for November 6, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/6/09

Resistance Levels: $4.15, $4.17, $4.53

Support Levels: $3.80, $3.57


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Citigroup Inc (C:NYSE) made another higher low Thursday which shows the stock is attempting to put in a bottom right now. If Citigroup closes above the 10 day moving average and breaks up through $4.17, I will be a buyer. I would also be a buyer on a close above the 50 day moving average located at $4.53.

Support continues to be $3.80 which most hold going forward or the sellers will show up in droves. For more Technical Analysis - Go Here


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