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Saturday, October 22, 2011

Citigroup Inc C Technical Analysis - 10/22/11

The following is Citigroup Inc  (C) Technical analysis for October 24, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 10/24/2011

Resistance levels: $31.78, $31.24, $30.77


Pivot point: $30.23


Support levels: $29.76, $29.22, $28.78



Share of Citigroup is closed over $30 on Friday. Stock is trading just over all 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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