Citigroup Inc (C:NYSE) Support & Resistance Levels - 1/11/10
Resistance Levels: $3.70, $3.86, $4.00
Support Levels: $3.50, $3.45, $3.29, $3.13
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Citigroup Inc (NYSE:C) pulled back from the recent high of $3.70 on Friday but managed to hold $3.50. These two prices are the new support and resistance levels going forward. A break above $3.70 would be bullish and I'd expect the 50 day moving average to be tested. A break below $3.50 would be bearish but I'd expect the $3.13 low to hold.
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