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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