Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for December 21, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 12/21/09
Resistance Levels: $3.40, $3.58, $3.69, $3.80, $4.00
Support Levels: $3.13, $3.07, $3, $2.86
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Citigroup Inc. ( NYSE:C ) had a nice snap back rally Friday and closed at the high of the day. Resistance will be located up at the 10 & 200 day moving averages just below $3.70 if you are trading it.
As long as Citigroup remains below all three major moving averages, I will remain on the sidelines. I plan to add the stock to my long term portfolio when the stock closes back above the 50 day moving average
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