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Monday, September 20, 2010

Citigroup Inc (C) Stock Analysis 9/20/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for September 20, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 9/20/10

Resistance Levels: $4.00, $4.20

Support Levels: $3.86, $3.62, $3.53

Citigroup Inc (NYSE:C) closed above all three major moving averages on Friday but failed to close above $4.00. Citigroup Inc must close above $4.00 resistance and then the stock can move back toward $4.20-$4.30. Citigroup Inc has digested the last move higher and seems to have nice support around $3.90. Citigroup remains a strong buy below $3.80.

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