Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for December 23, 2009Citigroup Inc (C:NYSE) Support & Resistance Levels - 12/23/09
Resistance Levels: $3.58, $3.68, $3.80, $4.00
Support Levels: $3.30, $3.13, $3.07, $3, $2.86
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Citigroup Inc. (NYSE:C) pulled back slightly on Tuesday after a huge 10% bounce off the lows. The 10 day moving average broke down through the 200 day moving average which is a very bearish technical signal. For a trade, I would be a buyer of a close above the 10 day moving average. I feel the stock could then retest the 200 day moving average which would give a nice profit. Support is located at $3.13.
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