BPOP has reached a strong horizontal support that in prior led to strong bull moves (Very similar situations) I expect a bull move to repeat following the green rectangle area Bulls are in control Lets see how it plays out on this Weekly timeframe
Good for quick 30% gains short term or perfect long term if looking for dividends!
BPOP is in a strong uptrend after the breakout from a long term correction. I'm expecting more upside. Possible target on chart. Every pullback could be a buy setup.
Some great technicals on this chart. Note the flag-ish pattern with a consolidation of volatility today. Unfortunately the technicals say its a touch overbought, so we may have to wait for a slight retracement to get a good price. Note the vacuum area in the $32.50 area which would make $33 a good profit target. The linked article seems to favor them in the...