Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for February 10, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 2/10/10
Resistance Levels: $3.27, $3.56, $3.60, $3.70
Support Levels: $3.11, $3.07, $3
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Citigroup (NYSE:C) broke to a new low on Tuesday but then rallied on the Greece rescue plan news. Citigroup is trading at $3.17 in pre market today after Goldman Sachs has initiated coverage with a Neutral rating. Support is now located at $3.11 followed by $3.07. Resistance on the upside continues to be located between $3.24-$3.27. If Citigroup can break through this resistance area, I think it can rally back and retest the 50 day moving average.
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