RedHotStocks

CITI sitting on a critical support level.

NYSE:C   Citigroup, Inc.
Financials have taken a real battering in the past 2 weeks with the majors entering correction phase, C is mow down 15% from its recent high. During today's trading session it has managed to hold critical support , if it breaks a further 20% drop sits below to the December 18 lows.
Longs are sitting in a very nervous position which will need a green day tomorrow or major trouble lay ahead.
Safe trading if already in, if not stay away.

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