Citigroup Inc C stock technical analysis for November 17, 2010
Support & Resistance Levels - 11/17/10
Support levels: $4.17, $4.13, $4.07
Stock is trading under 9 day moving average which is short term bearish now.Citigroup Inc (C) broke down through last weeks low of $4.23 on Tuesday.Citigroup Inc will have break outs and pullbacks which are both very healthy. Citigroup will now have resistance located at Monday's high of $4.37. When Citigroup closes above $4.37, I think it will be good buy again. Citigroup is a strong buy on pullbacks below $4.00.
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