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Saturday, November 21, 2009

CIT Group CITGQ Stock Analysis - Update

The following is technical analysis on CIT Group, Inc. (CIT) for November 23, 2009

CIT Group, Inc. (CIT) support and resistance levels - 11/23/09

Resistance Levels - $0.23, $0.257, $0.286

Support Levels - $0.15


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CIT Group, Inc. (CITGQ.PK) continues to trade below the 10 day moving average and has failed to make a higher higher high since trading on the pink sheets. The stock could catch fire if it breaks above $0.23 & $0.257. I would be willing to buy the stock for a trade if it closed above $0.286. For More Technical Analysis - Go Here

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