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Sunday, July 18, 2010

Citigroup Inc C Stock July 19, 2010 7/19/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for July 19, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 7/19/10

Resistance Levels: $4.30, $4.35

Support Levels: $4.00, $3.80, $3.62

Citigroup Inc (NYSE:C) dropped back below all three major moving averages on Friday after releasing better than expected earnings. Citigroup Inc remains a strong buy between $3.60-$3.80 with a stop order located at $3.49. As soon as Citigroup can break above Friday's high of $4.10, I think it will be off to the races again.

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