BULLISH Probability - Intermediate trend possibly bullish, Sideways trend near lower support. Probability - Oversold, odds favor long trades. Probability - Mild bullish 3 day chart pattern with Good 3 day accumulation. Confirmation - Extreme bullish 1 day moneyflow Confirmation - at support
Comments: No Nasdaq Stock Consultant report available because it is an OTC stock. CEO once voted banker of the year. Company is divesting itself of majority ownership of several regional banks in an effort to fix the balance sheet. Very easy to trade using a daily Renko chart.
Company reported net income of $1.8 million for the first quarter of 2012, compared to a net loss of $7.3 million for the first quarter of 2011. OTC, hence no Nasdaq Stock Consultant report, and it is unrated by Zachs.
Renko chart displays strong uptrend with minor pullbacks.
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