Citigroup Inc (C:NYSE) Support & Resistance Levels - 2/8/10
Resistance Levels: $3.27, $3.56, $3.60, $3.70
Support Levels: $3.15, $3.13, $3.07, $3
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Citigroup (NYSE:C) continues to hold the $3.13-$3.14 double bottom support area with conviction. All Friday afternoon sellers were hitting the $3.15 bid but couldn't move the stock down at all!! As long as $3.13 continues to hold, Citigroup stock gets stronger and stronger. Resistance is now located at $3.27 as well as $3.56 which is the 50 day moving average.
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