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Monday, June 13, 2011

Citigroup Inc C Technical Analysis 6/13/11

The following is Citigroup Inc  (C) Technical analysis for June 13, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 06/13/2011

Resistance levels: $39.80, $39.17, $38.54


Pivot point: $37.69


Support levels: $37.06, $36.21, $35.58



Share of Citigroup was up 1% on Friday and stock is keep  going down after company reversed split but stock may be some found in $36 area.Share of Citigroup Inc.(C) is next support area  which is $36. Citigroup will have resistance at the 9 day moving average now ($38.96).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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