Citigroup Inc. (NYSE:C) Stock Analysis 10/27/11

By Tim - http://stockstobuy.org ( Stock Forum )

The following is Citigroup Inc. ( C ) stock technical analysis for October 27, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 10/27/11

Resistance Levels: $33, $37

Support Levels: $25

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

Citigroup Inc. (NYSE:C) is pressing up near the top end of the recent trading range. Citigroup Inc. (C) will begin hitting resistance around $32 up into the low $33's. Citigroup Inc. (C) has solid support down in the $28's which must now hold. Citigroup Inc (C) is trying to break out of the downtrend so a few closes above $32 would help this situation. Citigroup stock is a buy below $27 per share.

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