Citigroup Inc (C:NYSE) Support & Resistance Levels - 2/23/10
Resistance Levels: $3.60, $3.70, $3.77
Support Levels: $3.40, $3.27, $3.20, $3.11
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Citigroup Inc. (NYSE:C) is trading at $3.43 in pre market this morning as the futures are pointing toward a lower open. Citigroup stock continues to close above the 50 day moving average which is technically bullish. Support is now located at $3.40 on the downside. Resistance is located at $3.60 as well as $3.70 and the 200 day moving average located at $3.77. If Citigroup can close back above the 200 day moving average, I think it can shoot back into the $4's very quickly.
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