Citigroup Inc. (NYSE:C) Stock Analysis - 7/15/11

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for July 15, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 7/15/11

Resistance Levels: $43.06

Support Levels: $39

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

Citigroup Inc. (NYSE:C) reported better than expected earnings today and is trading back above $40. Citigroup Inc will now have support located at $39.00. Citigroup Inc. (C) will hit resistance around $41 for the rest of the day. After $41, Citigroup will have resistance at $43.06. Citigroup should attract some major buying below $40 given the recent runup. I think Citigroup Inc (C) is a buy anywhere below $39.

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