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Tuesday, June 21, 2011

Citigroup Inc C Technical Analysis 6/21/11

The following is Citigroup Inc  (C) Technical analysis for June 21, 2011

Citi group Inc C  Resistance, pivot &  Support Levels - 06/21/2011

Resistance levels: $39.63, $39.14, $38.65


Pivot point: $38.23


Support levels: $37.74, $37.32, $36.83



Share of Citigroup was flat on Monday  and stock is look like found some support at $36.Share of Citigroup Inc.(C) is next support area  which is $36. Citigroup will have resistance at the 50 day moving average now ($41.56).But real resistance will be over $44.Citigroup Inc will have support level now $40. If C  has next support level under $35 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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