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Wednesday, October 14, 2009

Citigroup Inc C Stock Technical Analysis

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for October 15, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/15/09

Resistance Levels: $4.99 $5.02, $5.43

Support Levels: $4.69, $4.48, $4.30


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Citigroup Inc (C:NYSE) closed right at $5.00. With earnings due out Thursday in pre market, I will be buying more stock on a close over $5.00 as well as a close over $5.43. Support is located at the 10 day moving average ( currently $4.69 ). There is stronger support at the 50 day moving average which hasn't been breached since July 2009. Look for the volume to come back into the stock on Thursday. For more Technical Analysis - Go Here


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