Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for December 18, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 12/18/09
Resistance Levels: $3.25, $3.58, $3.80, $4.00
Support Levels: $3.13, $3.07, $3, $2.86
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Citigroup Inc. (NYSE:C) tanked today after the company priced their stock offering at $3.15. The stock is now below the $3.25 per share that the Government bought at. Whats next for Citigroup? I honestly wouldn't touch this stock unless you are willing to hold it for the long term. When the stock closes back over the 10 day moving average, I could be good for a trade. Jim Cramer of CNBC says to buy buy buy at this price.
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