Citigroup Inc. (NYSE:C) Stock Analysis - 12/7/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for December 7, 2010

Citigroup Inc (NYSE:C) Support & Resistance Levels - 12/7/10

Resistance Levels: $4.70, $4.85, $5.00

Support Levels: $4.30, $4.15

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

Citigroup Inc (C) is trading at $4.58 this morning after the Government announced they made over 12 billion on their Citigroup stake. Citigroup Inc has support located down at $4.37 but then nothing until $4.30. On the upside, when Citigroup breaks the prior high of $4.52, the stock will be off to the races again. Citigroup remains a strong buy below $4.20. Citigroup Inc. will have major resistance located at $5.00 when we get there.

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