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Thursday, May 19, 2011

Citigroup Inc C Technical Analysis 5/19/11

The following is Citigroup Inc  (C) Technical analysis for May 19, 2011

Citi group Inc C  Resistance, pivot & Support Levels - 05/19/2011

Resistance levels: $42.10, $41.81, $41.52


Pivot point: $41.26


Support levels: $40.97, $40.71, $40.42



Share of Citigroup is closed $41.23 which is down day and stock is trading  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 ($44.45).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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