The following is a little Citigroup Inc. ( C ) stock technical analysis for March 2, 2010
Citigroup Inc (C:NYSE) Support & Resistance Levels - 3/2/10
Resistance Levels: $3.48, $3.60, $3.70
Support Levels: $3.30, $3.20, $3.11
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Citigroup Inc (NYSE:C) closed right below the 10 day moving average again today but is showing a nice base forming here. Citigroup still trades above the 50 day moving average which is bullish. I am paying attention to the previous high of $3.48, if Citigroup breaks above this level and holds it, I think the stock could run back to $3.70-$3.80 rather quickly. If you blink, you might miss it so watch this closely!
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