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Monday, January 4, 2010

Citigroup Inc C Stock 1/5/10 January 5, 2010

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for January 5, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 1/5/10

Resistance Levels: $3.44, $3.58, $3.73

Support Levels: $3.29, $3.13, $3.07


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Citigroup (NYSE:C) closed above the 10 day moving average Monday which is technically bullish. I plan to buy Citigroup when it breaks the previous high of $3.44 but place a stop order at $3.29. When this happens, I expect Citi to retest the 200 day moving average located at $3.73. Keep an eye on $3.44 on Tuesday.

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