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Thursday, February 18, 2010

Citigroup Inc C Stock 2/18/10 February 18, 2010

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for February 18, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 2/18/10

Resistance Levels: $3.44, $3.60, $3.70

Support Levels: $3.20, $3.11, $3.07, $3


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Citigroup Inc. (NYSE:C) is set to open at $3.40 in pre market. The stock hit the 50 day moving average on Wednesday but failed to close above it. This is a moving average Citigroup hasn't closed above since mid October. Tomorrow, the 50 day should come down to about $3.43. I will be buying Citigroup again when the stock closes above this level. Pullbacks to $3.25 are now a strong buy.

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