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Wednesday, November 30, 2011

Citigroup (C) Stock Analysis - 11/30/11

By Tim - http://stockstobuy.org ( Stock Forum )

The following is Citigroup Inc. ( C ) stock technical analysis for November 30, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 11/30/11

Resistance Levels: $25.80, $27.82

Support Levels: $23.30

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

Citigroup Inc. (NYSE:C) stock is currently trading above $25 in pre market on Wednesday. After hitting a low at $23.30, Citigroup Inc. (C) stock is now retesting the 10 day moving average around $25.30. If we see a close back above $25.30, this would be a buy signal. We could then see a retest of the $27-$28 zone. Support is now located at $23.30.

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