Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for December 1, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 12/1/09
Resistance Levels: $4.31, $4.38, $4.61, $5.00
Support Levels: $4.00, $3.80
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Citigroup Inc (NYSE:C) bounced back Monday after the Dubai fears hit the stock on Friday. The stock still trades below the 10 day moving average at $4.20 and about 4% below the 50 day moving average located at $4.38. Support is still located at $4.00, a close below this level would be bearish. I plan to add to my long term position when Citigroup breaks above $4.31 and again when the stock closes above the 50 day moving average. Until then, I will not be adding to my holdings. For more Technical Analysis - Go Here
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