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Thursday, December 8, 2011

Citigroup (C) Stock Analysis - 12/8/11

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

The following is Citigroup Inc. ( C ) stock technical analysis for December 8, 2011

Citigroup Inc (NYSE:C) Support & Resistance Levels - 12/8/11

Resistance Levels: $30, $32

Support Levels: $27

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

Citigroup Inc. (NYSE:C) stock is now back testing $30 like I predicted. After hitting a low at $23.30 two weeks ago, Citigroup Inc. (C) stock is now back above the 50 day moving average. Citigroup will now have major resistance between $30-$32 and is a sell up here. Buy Citigroup below $25.

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