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Tuesday, May 25, 2010

Citigroup Inc C Stock May 25, 2010 5/25/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for May 25, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 5/25/10

Resistance Levels: $3.90, $4.00, 4.10, $4.37

Support Levels: $3.53, $3.41

Chart - http://www.stockcharts.com/

Citigroup Inc (NYSE:C) spiked Monday on an upgrade but failed at the 10 day moving average. Citigroup Inc has support down at the $3.53 level as well as the $3.40 level. I would be a buyer on any further weakness going forward. If you are looking for a solid entry point, wait until Citigroup Inc closes above the 10 day moving average to buy. On Tuesday, the 10 day will be down to around $3.86ish.

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