Sunday, April 25, 2010

CitiGroup testing YR1

On December 12, 2009 I wrote that C was a buy at $3.12. It has now rallied almost $2 and is testing the Yearly R1 pivot(purple line R1) at $5.02. ...up 60%. I still like C, but look for a pullback to the 20($4.66) or 50dma($4.12).