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Wednesday, December 2, 2009

Citigroup Inc C Stock 12/3/09 December 3, 2009

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for December 3, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 12/3/09

Resistance Levels: $4.31, $4.36, $4.61, $5.00

Support Levels: $4.00, $3.80


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Citigroup Inc. (NYSE:C) was unchanged Wednesday but is up afterhours on the BAC news. Thursday, I will be watching how Citigroup acts if the stock retests the 10 day moving average located at $4.18. A close over this level would bring in additional buying pressure. I plan to add to my long term holdings when Citigroup breaks $4.31 as well as on a close over the 50 day moving average. Support continues to be located at $4.00.

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