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Monday, September 6, 2010

Citigroup Inc C Stock Analysis - 9/6/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for September 6, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/6/10

Resistance Levels: $3.94, $4.00, $4.20

Support Levels: $3.76 $3.62, $3.53

Citigroup Inc (NYSE:C) failed at the 50 day moving average on on Friday but ended up closing at $3.90. Citigroup Inc has support located at $3.87 & $3.76. While the strock won't really take off until it makes a few closes above $4.00, Citigroup remains a strong buy below $3.80.

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Citigroup Inc (C) - Latest News - Citigroup Faces Higher Loan Delinquencies

Judge balks at SEC's settlement with Citigroup Inc.


Bank of America Corp BAC Stock Analysis

By Tim - http://stockstobuy.org

The following is Bank of America Corp. (NYSE:BAC) technical analysis for September 4, 2010
Bank of America Corp. Support & Resistance Levels - 9/4/10

Resistance Levels: $13.83, $14.64

Support Levels: $13.00, $12.20, $11.90

Chart - Courtesy of www.stockcharts.com

Bank of America Corp (BAC) closed at $13.50 on Friday but failed to close back above the 50 day moving average. Bank of America Corp will have resistance located at $13.84 starting on Tuesday as well as $14.00. Bank of America will now have support located at $13.30 as well as $13. Bank of America is a strong buy below $13 for the long term.

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