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Wednesday, June 8, 2011

Citigroup Inc C Technical Analysis 6/8/11

The following is Citigroup Inc  (C) Technical analysis for June 08, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 06/08/2011

Resistance levels: $39.66, $38.96, $38.27


Pivot point: $37.90


Support levels: $37.21, $36.84, $36.15



Share of Citigroup was up 2% on  Tuesday with market and stock is keep  going down after company reversed split.Share of Citigroup Inc.(C) is next support area  which is $38 &36. Citigroup will have resistance at the 9 day moving average now ($39.50).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 low  $30. 

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