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Thursday, July 29, 2010

Citigroup Inc C Stock Analysis - 7/29/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for July 29, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 7/29/10

Resistance Levels: $4.27, $4.30, $4.35, $4.63

Support Levels: $4.00, $3.90, $3.62

Citigroup Inc (NYSE:C) hit a high of $4.27 on Tuesday and has now come back down to the $4.10 level. Citigroup Inc now has three major highs located between $4.27-$4.35. This means, as soon as Citigroup Inc closes above $4.35, it should be off to the races on the next leg higher. Citigroup has support at $4.00 as well as $3.90 which I would be a buyer of.

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