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Sunday, May 15, 2011

Citigroup Inc C Technical Analysis 5/15/11

The following is Citigroup Inc  (C) Technical analysis for May 14, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 05/14/2011

Resistance levels: $43.58, $42.89, $42.21


Pivot point: $41.81


Support levels: $41.13, $40.73, $40.05



Share of Citigroup is closed $41 area which is lowest closed in last 6 month.Share of Citigroup Inc.(C) is trading $44-$46 last few days. Citigroup will have resistance at the 200 day moving average now ($44.51).Citigroup Inc will have support level now $40. If C  has next support level under $40 which is good buying opportunity  for long term. I think time to buy long term  buy stock so if if market get correction, stock is buy under $40. 

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