Citigroup Inc. (NYSE:C) Stock Analysis 9/22/11

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for September 22, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 9/22/11

Resistance Levels: $26.25, $29.28

Support Levels: $20

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

Citigroup Inc. (NYSE:C) is gapping to a new 52 week low this morning as the stock market is getting crushed. Citigroup Inc. (C) should continue to see bounces but I'd be selling rallies above $27. Citigroup Inc. (C) will now have support down at $23 as well as $20. Citigroup Inc (C) broke $26 on Wednesday and now we are seeing new lows created. Citigroup will have resistance up at $26.25 for the next week.

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