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Monday, December 21, 2009

Citigroup Inc C Stock Analysis - Pre Market Trading

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for December 21, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 12/21/09

Resistance Levels: $3.40, $3.58, $3.69, $3.80, $4.00

Support Levels: $3.13, $3.07, $3, $2.86


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Citigroup Inc. ( NYSE:C ) is indicated down in pre market to $3.38 but seems to be holding most of the gains made back on Friday. Resistance will be located around $3.70 this week. As long as Citigroup remains below all three major moving averages, I will remain on the sidelines. I plan to add the stock to my long term portfolio when the stock closes back above the 50 day moving average

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