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Friday, August 26, 2011

Citigroup Inc. (NYSE:C) Stock Analysis 8/26/11

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for August 26, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 8/26/11

Resistance Levels: $32

Support Levels: $25.50

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

Citigroup Inc. (NYSE:C) is trading down in the mid $29's after surging on Thursday. Citigroup Inc. (C) is rated a buy below $27 from here on out for a bounce trade. Citigroup Inc. (C) will now have resistance up around $32. If Citigroup Inc (C) can break above $32 and hold, it has the chance to rally up to the $34 area. If $27 fails, watch the $25 level.

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Citigroup Inc (NYSE:C)
- Latest News - Citigroup Inc. reports 2nd quarter 2011 earnings

Citigroup Inc given $52.00 price target