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Saturday, July 30, 2011

Citigroup Inc C Technical Analysis 7/30/11

The following is Citigroup Inc  (C) Technical analysis for August 01, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 08/01/2011

Resistance levels: $39.99, $39.38, $38.86


Pivot point: $38.25


Support levels: $37.73 $37.12, $36.60



Share of Citigroup is trading under 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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