The following is Citigroup Inc. ( C ) stock technical analysis for March 11, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 3/11/10
Resistance Levels: $4.00, $4.20, $4.31
Support Levels: $3.76, $3.60
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Citigroup Inc. (NYSE:C) exploded above the 200 day moving average over the past days with heavy volume. The 200 day moving average will now act as a solid support level so expect $3.75-$3.77 so be a great buy again if we see a correction. Citigroup failed to close above $4.00, when this happens, I think the stock will test the $4.20-$4.31 resistance zone.
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