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Saturday, October 1, 2011

Citigroup Inc C Technical Analysis - 10/1/11

The following is Citigroup Inc  (C) Technical analysis for October 3, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 10/3/2011

Resistance levels: $27.09, $26.79, $26.20


Pivot point: $25.90


Support levels: $25.31, $25.01, $24.42



Share of Citigroup is closed over $25 on Friday with bad market. Stock is trading under 9 day moving average  and stock is need to hold $23.19 level for going forward.Share of Citigroup Inc.(C) is next real resistance area is $31.97 which is last high.Citigroup has next big resistance will be over $36. If C  has next support level near $23 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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