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Sunday, February 5, 2012

Citigroup (C) Stock Analysis 2012

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for February 6, 2012

Citigroup Inc (NYSE:C) Support & Resistance Levels - 2/6/12

Resistance Levels: $34.30

Support Levels: $28's

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

Citigroup Inc. (NYSE:C) stock closed above the 200 day moving average last week. Citigroup (C) will have support down around $28.24 which is the 50 day moving average. Citigroup (C) will now have resistance located at $34.40. Citigroup (C) stock may break $34.40 but will have heavy resistance around $35. Citigroup is a strong buy below $27 if we see another correction in 2012..

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