Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for January 21, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 1/21/10
Resistance Levels: $3.60, $3.70, $3.82, $4.00
Support Levels: $3.30, $3.13
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Citigroup Inc. (NYSE:C) hit resistance of $3.60 today and then closed below the 10 day moving average again. Support continues to be located at $3.30 and I still think the $3.13 low should be fairly solid going forward. The 50 day moving average is getting ready to break below the 200 day moving average which is bearish so the technicals are looking ugly right now. I am waiting for Citigroup to breaks above $3.70 and then I plan to buy.
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