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Monday, March 22, 2010

Citigroup Inc C Stock 3/22/10 March 22, 2010

The following is Citigroup Inc. ( C ) stock technical analysis for March 22, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 3/22/10

Resistance Levels: $4.00, $4.22, $4.31

Support Levels: $3.83, $3.78



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Citigroup Inc (NYSE:C) closed below the 10 day moving average on Friday for the first time since the stock broke above $3.50. Citigroup Inc has support at $3.90 as well as the 200 day moving average located at $3.78. All pullbacks below $3.70 are a strong buy in my opinion. When Citigroup breaks above $4.22, I expect the stock to retest $5.00.

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