Citigroup Inc. (NYSE:C) Stock Analysis 9/23/11

The following is Citigroup Inc. ( C ) stock technical analysis for September 23, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 9/23/11

Resistance Levels: $25

Support Levels: $20

Chart - http://www.stockcharts.com/

Citigroup Inc. (NYSE:C) dropped to a new 52 week low on Thursday and is down to $23.55 on Friday morning. Citigroup Inc. (C) should continue to see bounces but I'd be selling rallies above $27. Citigroup Inc. (C) will now have support down at $23 as well as $20. Citigroup Inc (C) broke $26 on Wednesday and now we are seeing new lows created. Citigroup will have resistance up at $25 on Friday.

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