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Monday, December 21, 2009

Citigroup Inc C Stock Technical Analysis - 12/22/09

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for December 22, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 12/22/09

Resistance Levels: $3.58, $3.68, $3.80, $4.00

Support Levels: $3.36, $3.13, $3.07, $3, $2.86


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Citigroup Inc. ( NYSE:C ) is trading between $3.42-$3.43 Monday night as the stock had another solid day. Something bearish happened today with the 10 day moving average breaking down through the 200 day moving average. This is usually a sell signal. However, given what happened last week, the trend is still upward after Citigroup made a short term bottom at $3.13. Look for there to be resistance located in the $3.60's if it gets there.

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