Citigroup Inc. (NYSE:C) Stock Analysis 10/12/11

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for October 12, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 10/12/11

Resistance Levels: $30

Support Levels: $23

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

Citigroup Inc. (NYSE:C) stock is gapping back above It's 50 day moving average this morning. Citigroup Inc. (C) will continue to be volatile as we head into the last few months of 2011. Citigroup Inc. (C) has support down around $23 and resistance around $30. Citigroup Inc (C) will remain in this downtrend until the stock market starts to recover. Citigroup is a buy below $23 and a sell above $27

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