Citigroup Inc. (NYSE:C) Stock Analysis - 7/29/11

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for July 29, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 7/29/11

Resistance Levels: $40.50, $42

Support Levels: $36.76

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

Citigroup Inc. (NYSE:C) is now trading back in the $37's in pre market this morning. Citigroup Inc hit a double bottom in the $36's, bounced into the $40's, and is now back near this area. Citigroup Inc. (C) will now have support located at $36.76 as well as $36.30. Citigroup would be a buy in the $36's again. Citigroup will now have resistance up at $40.50. Citigroup Inc (C) should really start breaking out on a close above $42.

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