Citigroup Inc. (NYSE:C) Stock Analysis 11/2/11

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

The following is Citigroup Inc. ( C ) stock technical analysis for November 2, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 11/2/11

Resistance Levels: $31.50

Support Levels: $28.17

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

Citigroup Inc. (NYSE:C) is pressing up near $30 again this morning, up 2.5% in early trading. Citigroup Inc. (C) has not dropped below It's 50 day moving average at all during this rally so watch this level closely ($28.23 but rising ). Citigroup Inc. (C) will have support in the $28's for the rest of the week. Citigroup Inc (C) will now have resistance up at the 10 day moving average located around $31.25. Citigroup stock is a buy below $27 per share.

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