Citigroup Inc (C:NYSE) Support & Resistance Levels - 1/19/10
Resistance Levels: $3.60, $3.70, $3.82, $4.00
Support Levels: $3.29, $3.13
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Citigroup Inc (NYSE:C) is trading at $3.39 Tuesday ahead of earnings which are due out within the next hour. The earnings report and guidance will really move the stock today. Citigroup fell below the 10 day moving average last week which is bearish. The next major support level to watch out for is located at $3.30. A close below $3.30 would be even more bearish and the $3.13 low could be tested. If Citigroup closes below the $3.13 low, things could get very ugly. I think it will hold however.
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