Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for December 16, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 12/16/09
Resistance Levels: $3.80, $4.00, $4.12, $4.31
Support Levels: $3.57, $3.30
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Citigroup Inc. (NYSE:C) went down again Tuesday as the company prepares to price their stock offering. Jim Cramer came on CNBC today and said he'd be a buyer of Citigroup if the stock dropped to $3.25. I am watching the high from Tuesday located at $3.70, as soon as it breaks above that level, I will be a buyer for a trade. As for the long term, I will add to my portfolio when Citigroup closes back over the 50 day moving average.
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