Rochester,NY 8/15/2009 12:54:22 AM
Popular, Inc., BPOP - Popular 43.7% Technical Downtrend Reversal
Popular, Inc.
The stock closed yesterday at $1.30 on volume of 4,362,400 shares and Popular upgraded to Buy from Neutral at B. Riley. above average daily volume of 3,635,403.
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Popular is currently below its 50-day moving average of $1.82 and below its 200-day moving average of $3.35.
SmarTrend is bearish on shares of BPOP and our subscribers received a Downtrend alert on June 09, 2009 at $2.31, which has returned 43.7% to date.
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