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Thursday, October 8, 2009

Citigroup Inc C Stock Technical Analysis

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for October 9, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/9/09

Resistance Levels: $4.80 $4.84, $4.99 $5.02

Support Levels: $4.62, $4.30, $4.25



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Citigroup Inc (C:NYSE) continues to trade over the 10 day moving average now located at $4.62. I am waiting for the stock to close above $4.80 resistance before I buy or a pullback to the 50 day moving average at $4.35. The 200 day moving average which has been going down for over a year will soon stabilize and begin to trend higher which will be bullish for long term. For more Technical Analysis - Go Here


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