Tuesday, February 26, 2013

Popular (technical)

Popular: co has been conducting daily share buybacks over Dec - mid Feb. 3QFYApr13 results are due est 8 Mar. Popular's share price chart looks pretty, having been on a relatively stable uptrend over the past 12mths, supported by the rising key moving average. The counter is now close to multi-year highs, a positive signal for momentum. Pyschological resistance at $0.30, support at $0.25.

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