Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for September 14, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/14/09
Resistance Levels: $4.75, $4.81, $4.85, $5.00
Support Levels: $4.50, $4.48, $4.30
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Citigroup stock has been trading sideways for almost a month after a huge move higher. With the futures down today, Citigroup is set to open in the lower $4.50's. I am watching the $4.48-$4.50 support zone to see if Citi can hold this area on a closing basis. If not, I will be looking for $4.30 to be retested. The 10 day moving average was major resistance last week and Citigroup failed to close above this level for the past 4 trading sessions. When Citigroup does finally close over the 10 day, I will be a buyer For more Technical Analysis - Go Here
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