FAS FAZ Stock Analysis May 26, 2009 5/26/09

The Direxion Daily Financial Bear 3X Shares (FAZ) & Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) have been very active over the past six months. The following is technical analysis on Financial Bull ( FAS ) for 5/26/09. Knowing the support and resistance levels for FAS will help you trade FAZ.

FAS Support and Resistance Levels - May 26, 2009

Resistance Levels: $ 9.30, $9.50, $10.00, $10.60, $12.53

Support Levels: $8.60, $8.28, $8.09, $7.88

http://stockcharts.com - Chart

Discuss Stocks - http://stockstobuy.org

FAS continues to trade around the 10 day moving average. For a trade, I am watching for a break above Thursday's high of $9.31 to get long FAS. I am also watching the low from Thursday at $8.60 to jump into FAZ for a trade. The 50 day moving average is slowly creeping higher ( $7.88 ) which is another area to watch going forward. A close below the 50 day moving average would be bearish! For More Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - FAS/FAS Group Message Board

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Citigroup Inc C Stock 5/26/09 May 26, 2009

The following is a little Citigroup Inc. ( C ) stock technical analysis for May 26, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/26/09

Resistance Levels: $3.70, $4 , $4.41, $4.48

Support Levels: $3.50, $3.36, $3.00

http://www.stockcharts.com

Discuss Stocks - http://stockstobuy.org

Citigroup stock continues to trade close to the 10 day moving average around $3.65. Last week, Citi tried to make a move over $4.00 but was rejected at $3.96. I will be buying Citigroup stock when it breaks $4.00 and if Citi closes over $4.00, I will continue to hold for a retest of the major resistance area between $4.41-$4.48. A close over $4.48 and I think Citi will trade back up to the $5-$6 range. On the downside...I am watching the 50 day moving average closely, if Citigroup closes below this level I think a retest of $3 and below would be likely. For more Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Citigroup Stock Group

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Stock Market Hours 5/25/09 May 25, 2009

Is the stock market open on Memorial Day Monday? No, Wall Street is closed!

The Stock Market, which includes the Dow Jones, Nasdaq, S&P 500, Banks, and Bond Market will be closed on 5/25/09 for Memorial Day which is a National Holiday.

The Stock Market will be open on 5/22/09 and then resume trading at 8am on May 26, 2009. We know you love the Stock Market, so why not check out upcoming Earnings, Top 2009 Stock Gainers, or the Top 2009 Penny Stock Gainers.

Also, check out Technical Analysis for the Stock Market on Tuesday or Discuss stocks at http://stockstobuy.org

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free