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Saturday, December 10, 2011

Citigroup Inc C Technical Analysis - 12/10/11

The following is Citigroup Inc  (C) Technical analysis for December 12, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 12/12/2011

Resistance levels: $30.69, $29.98, $29.37


Pivot point: $28.66


Support levels: $28.05, $27.34, $26.73



Share of Citigroup is closed at $28.77 which is bullish side now. Stock has news 21s which is support for going forward  and stock is need to hold $21.Share of Citigroup Inc.(C)is break out $30 which is now new resistance area. Citigroup has next big resistance will be over $36. If C  has next support level near $21 which is good buying opportunity  for long term. I think time to buy long term  buy in low $20s because there is some bounce stock can go $34-$36 area.This is my one of the Top Pick for 2012.

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