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Citigroup Inc (C:NYSE) Support & Resistance Levels - 2/22/10
Resistance Levels: $3.60, $3.70
Support Levels: $3.27, $3.20, $3.11
Chart - http://www.stockcharts.com/
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Citigroup Inc. (NYSE:C) closed back above the 50 day moving average on Friday which is technically bullish. If Citigroup breaks up through $3.47 next week, I think it could really accelerate to the upside and test the 2010 high of $3.70. The 10 day moving average is starting to turn upward which tells me that Citigroup will continue this current uptrend. Pullbacks to the 10 day moving average are now a strong buy.
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