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Saturday, July 9, 2011

Citigroup Inc C Technical Analysis 7/9/11

The following is Citigroup Inc  (C) Technical analysis for July 11, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 07/11/2011

Resistance levels: $42.66, $42.45, $42.24


Pivot point: $42.03


Support levels: $41.82, $41.61, $41.40



Share of Citigroup is trading over 9 day moving average on Friday  and stock is look like found some support at $36.Stock was nice uptrend last few days.Share of Citigroup Inc.(C) is next resistance area is $46 which is last May high. Citigroup  will be 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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