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Monday 15 July 2013

Trading signals to watch- Citigroup earnings update

Citigroup's earnings beats estimates
Citigroup's stock jumped from 50.81 to 51.85 pre-market & 52.0 might become temporary resistance
Buy around 52.0 if it breaks & stays above resistance
Buy around 51.0 if it fails to break resistance & manages to drop to 51.0, it should rebound
All for end of day expiration

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