Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for February 17, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 2/17/10
Resistance Levels: $3.45, $3.60, $3.70
Support Levels: $3.20, $3.11, $3.07, $3
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Citigroup (NYSE:C) closed above the $3.24-$3.27 resistance zone yesterday and is gapping up to $3.36 in pre market trading today. The next major resistance level is located at the 50 day moving average ( $3.45 ). Citigroup has not closed above this moving average since October. If Citigroup does close above this level, I am expecting the volume to come back and shorts to start to cover. Support is now located between $3.11-$3.21.
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