Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for February 19, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 2/19/10
Resistance Levels: $3.43, $3.60, $3.70
Support Levels: $3.20, $3.11, $3.07, $3
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Citigroup Inc. (NYSE:C) closed right on the 50 day moving average on Thursday but failed to close above it. The stock is trading lower in pre market due to the Fed hiking the discount window rate and the fact that Dell came in with worse the expected earnings. Citigroup has support between $3.39-$3.40 with resistance at the 50 day moving average. I expect the 50 day to come down to around $3.42 on Friday so we will see if Citigroup can close above this level today. If so, I plan to buy more stock.
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