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Sunday, February 7, 2010

Citigroup Inc C Stock 2/8/10 February 8, 2010

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for February 8, 2010

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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