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Saturday, October 15, 2011

Citigroup Inc C Technical Analysis - 10/15/11

The following is Citigroup Inc  (C) Technical analysis for October 17, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 10/17/2011

Resistance levels: $29.97, $29.19, $28.79


Pivot point: $28.79


Support levels: $27.61, $26.83, $26.43



Share of Citigroup is closed over $28 on Friday. Stock is trading just over 9 day moving average.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 $21.40 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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