Popular, Inc.Long
Bank vs. Cryptocurrency #5 (BPOP)
Do not think that banks stocks are boring, better look this strong price, resistance breakout, plus a gap
This is the price action:
There are several weekly candlesticks consolidating above the resistance line and even the past week inside of this candlesticks there are big intraday gap that is filling and now is a pullback in progress with the intention of testing the new support.
(red arrow) is signaling the intraday gap.
I am Analyst and Stock Picker and I put ideas using weekly charts
but swing traders prefer daily charts with your own set up
This is the price action:
There are several weekly candlesticks consolidating above the resistance line and even the past week inside of this candlesticks there are big intraday gap that is filling and now is a pullback in progress with the intention of testing the new support.
(red arrow) is signaling the intraday gap.
I am Analyst and Stock Picker and I put ideas using weekly charts
but swing traders prefer daily charts with your own set up
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