Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for December 2, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 12/2/09
Resistance Levels: $4.31, $4.37, $4.61, $5.00
Support Levels: $4.00, $3.80
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Citigroup Inc (NYSE:C) continues to trade below the 10 & 50 day moving averages which leaves it vulnerable to more selling pressure. The stock has now traded 30 straight days below the 50 day moving average so when Citi finally closes back over this level, look out above. Support is located at $4.00 as well as $3.80. I plan to buy more Citigroup stock when it breaks above $4.31 as well as when it closes above the 50 day moving average.
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