The following is Citigroup Inc. ( C ) stock technical analysis for March 16, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 3/16/10
Resistance Levels: $4.00, $4.20, $4.31
Support Levels: $3.83, $3.77
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Citigroup Inc (NYSE:C) closed below the $3.90 support level on Monday but is trading at $3.93 this morning in pre market. Citigroup has support at $3.83 as well as $3.77. On the upside, if Citigroup Inc can rise back above $4.00 again and close there, the $4.22 high could be retested. One technically positive indicator is the fact that the 10 day moving average is getting ready to break above the 200 day moving average. This is very bullish!
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