Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for December 11, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 12/11/09
Resistance Levels: $4.00, $4.12, $4.31, $4.35
Support Levels: $3.80, $3.58
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Citigroup Inc. (NYSE:C) held $3.80 once again Thursday as we get closer to a TARP payback. If Citigroup breaks and closes below $3.80, I am personally expecting a retest of the 200 day moving average located at $3.60. $4.00 is now resistance on the upside as is $4.12. A break above $4.12 would be very bullish. I plan to buy shares of Citigroup when the stock closes back over the 50 day moving average located at $4.29.
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