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Sunday, November 8, 2009

Citigroup Inc C Stock 11/9/09 November 9 2009

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for November 9, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/9/09

Resistance Levels: $4.11, $4.17, $4.51

Support Levels: $3.80, $3.57


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Citigroup Inc (C:NYSE) continues to find a bottom here around $4.00. $3.80 is the support level I am watching on the downside, if the stock breaks through that level, it could get very ugly. On the upside, Citigroup hasn't closed over the 10 day moving average in 16 trading sessions. A close back over the 10 day would be bullish and I will buy the stock for a trade. As far as my long term account, I plan to add more Citigroup when it closes over the 50 day moving average at $4.51. I will also add to my long term holdings when the stock closes $5.00. For more Technical Analysis - Go Here


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