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Thursday, May 20, 2010

Citigroup Inc C Stock May 20, 2010 5/20/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for May 20, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/20/10

Resistance Levels: $4.00, 4.10, $4.37, $4.48

Support Levels: $3.60



Citigroup Inc (NYSE:C) bounced on Wednesday but is looking to open up weaker this morning due to the stock market futures being lower. Citigroup Inc will have resistance between $3.85-$4.00 but then could see a nice spike if it closed back above $4.00. Support on the downside is located at $3.60. I like Citigroup Inc down here as a solid long term buying. As soon as the Government sells their shares, expect the stock to rally.

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