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Saturday, October 2, 2010

Citigroup Inc (C) Stock Analysis - 10/2/10

By Tim - http://stockstobuy.org
The following is Citigroup Inc. ( C ) stock technical analysis for October 2, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 10/2/10

Resistance Levels: $4.00, $4.20

Support Levels: $3.80, $3.62, $3.53

Citigroup Inc (NYSE:C) closed above $4.00 on Friday and is looking very strong as we head into next week. Citigroup Inc has support located at $3.80 which I see holding on the downside now. Citigroup Inc will now have resistance located between $4.20-$4.30 so expect the stock to stall near that area. Citigroup remains a solid long term buy below $4.00 and a strong buy below $3.80.
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