FCCY (1st Constitution Bancorp) - Bullish Quarter ahead

NASDAQ:FCCY   1st Constitution Bancorp (NJ)
First Constitution Bancorp

1st Constitution Bancorp occupies an enviable position as one of New Jersey's few independent community banks. Dramatically improved earnings and growth, a strong capital base, and dynamic management, combined to propel 1st Constitution Bank full speed ahead amid the changing tides in the banking industry. 1st Constitution Bank is a community-oriented bank serving Central New Jersey.

Strong EPS and Sales Growth Y-on-Y

Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Already on the up prior to last earnings report
- Slight dip towards LOW point was missed as a possible entry point
- Unlikely to have much more downside in the quarter, and a strong pre-market price already in play
- Entry anywhere mid-point from LOW to MED should see gains
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point

Comment: TRADE UPDATE: Very successful
The chart speaks for itself, topping out at high point, trailing stop-loss would then have actioned for take profits