Citigroup is currently forming a long term Rising Wedge. Currently Citigroup seems that starting an uptrend from Sept 2010 to Dec 2010 where the C stock price is trading above 20D, 50D and 200D MA.  We can see that the 200D MA is trending upwards which is a uptrend sign. C also bounced off from the 200D MA support for the past 3 occasions. Current price looks like a good entry point for long term investment. The resistance is the Rising Wedge Resistance at about $5.00.