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Friday, June 3, 2011

Citigroup Inc C Technical Analysis - 6/3/11

The following is Citigroup Inc  (C) Technical analysis for June 03, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 06/03/2011

Resistance levels: $41.05, $41.05, $40.53


Pivot point: $39.53


Support levels: $39.29, $38.57, $38.05



Share of Citigroup was up 1% on Thursday with market and stock is keep  going down after company reversed split.Share of Citigroup Inc.(C) is next support area  which is $39. Citigroup will have resistance at the 200 day moving average now ($44.05).But real resistance will be over $44.Citigroup Inc will have support level now $40. If C  has next support level under $40 which is good buying opportunity  for long term. I think time to buy long term  buy stock so  if market get correction, stock is buy under $40. 

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