Citigroup Inc C Stock 9/21/09 September 21 2009

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for September 21, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/21/09

Resistance Levels: $4.51, $4.57, $4.76

Support Levels: $4.25, $4.11

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Citigroup stock failed at the 10 day moving average Friday and sold off going into the close. This has been the trend over the last few days...they gap it higher in pre market and then sell it off going into the close.

I plan to buy the stock when it closes back over the 10 day moving average ( currently located at $4.51 but will fall to the high $4.40's on Monday).

On the dowside, if $4.11 fails, I see Citigroup testing $3.80 - $4.00

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