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Thursday, January 19, 2012

Citigroup (C) Stock Analysis January 19, 2012

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for January 19, 2012

Citigroup Inc (NYSE:C) Support & Resistance Levels - 1/19/12

Resistance Levels: $30

Support Levels: $27.71, $26

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

Citigroup Inc. (NYSE:C) stock is back trading in the $29's on Thursday. Citigroup (C) will have support down around $27.66 which is the 50 day moving average. Citigroup (C) will now have resistance located at $30. If Citigroup (C) stock closes back above $30, $32 could be retested. Citigroup is a strong buy below $27.

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