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Tuesday, November 10, 2009

Citigroup Inc C Stock 11/11/09 November 11 2009

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for November 11, 2009

Citigroup Inc (C:NYSE) Support & Resistance Levels - 11/11/09

Resistance Levels: $4.31, $4.47

Support Levels: $4.00, $3.80, $3.57


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Citigroup Inc (C:NYSE) closed over the 10 day moving average again Tuesday but reversed after hitting $4.26. I continue to hold a long position as well as a short term trading position. I will sell my trading position if the stock breaks back below $4. I will add to my long term position if the stock closes back above the 50 day moving average now located at $4.47.

The 200 day moving average has finally stopped going down and it actually turning up slightly.....this is a very bullish trend for the long term. For more Technical Analysis - Go Here


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