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Thursday, December 1, 2011

Citigroup (C) Stock Analysis - 12/1/11

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

The following is Citigroup Inc. ( C ) stock technical analysis for December 1, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 12/1/11

Resistance Levels: $27.80

Support Levels: $25

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

Citigroup Inc. (NYSE:C) stock is currently trading in the $27's on Thursday. After hitting a low at $23.30 last week, Citigroup Inc. (C) stock is now retesting the 50 day moving average around $27.70. If we see a close back above $27.70, we could see a rally back to $40. Support is now located at $25.

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