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Wednesday, August 19, 2009

Citigroup Inc C Stock 8/20/09 August 20 2009

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for August 20, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 8/20/09

Resistance Levels: $4.24, $4.41, $4.48, $5

Support Levels: $4.05, $3.91, $3.85, $3.74, $3.57


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Citigroup continues to trade along with the 10 day moving average ( currently at $3.96 ). Resistance at $4.24 has been tough mainly because the stock is so close to the 200 day moving average. I am long the stock and will add more when #1 Citigroup breaks $4.24, #2 Citigroup closes over the 200 day moving average, #3 Citigroup breaks $4.48. When Citigroup closes over $4.48, I have a target of atleast $5.50- $6.50. For more Technical Analysis - Go Here


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