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Sunday, August 14, 2011

Citigroup Inc C Technical Analysis 8/14/11

The following is Citigroup Inc  (C) Technical analysis for August 15, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 08/15/2011

Resistance levels: $33.85, $32.91, $31.98


Pivot point: $30.44


Support levels: $28.91, $27.97, $26.44



Share of Citigroup is trading under all moving average on Friday and stock is need to hold $26 level for going forward.Share of Citigroup Inc.(C) is next real resistance area is $36.76.Citigroup has next big resistance will be over $44. If C  has next support level near $26 which is good buying opportunity  for long term. I think time to buy long term  buy here because there is some bounce stock can go $33-$34 area. 

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