Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for February 26, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 2/26/10
Resistance Levels: $3.60, $3.70, $3.77
Support Levels: $3.35, $3.20, $3.11
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Citigroup Inc. (NYSE:C) closed right above the 10 & 50 day moving averages on Thursday. The 10 day is getting set to break up through the 50 day which is a bullish technical signal. When Citigroup breaks back above $3.48 again, I think the stock can retest the major resistance zone between $3.60-$3.70 . Longer term, I feel strongly that Citigroup has put in a solid bottom in the low $3's.
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