Citigroup Inc (C:NYSE) Support & Resistance Levels - 2/12/10
Resistance Levels: $3.27, $3.56, $3.60, $3.70
Support Levels: $3.11, $3.07, $3
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Citigroup (NYSE:C) is trading at $3.18 in pre market this morning as the stock market futures are lower. Citigroup has been holding up well over the past three days but still continues to trade below the 10 day moving average ( currently located at $3.26 ). The stock will have resistance between $3.24-$3.27 and if it can close above $3.27, I plan to buy keeping a tight stop at $3.23. I would add to my position on a close above the 50 day moving average.
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