US Stock In Play: $BPOP (Popular Inc)

$BPOP established a new 10-years high for Monday’s session, closing at $71.69 (+3.55%). The latest price action exhibits a further short term consolidation breakout for a parabolic acceleration, with $BPOP adhering to its uptrend channel.

The first signs of significant accumulation on $BPOP was reflected on 28th January 2021, with price supported at classical levels along with 50DMA; and daily trading volume of that individual day exceeding 260% of its 3 months average.

$BPOP, through its subsidiaries, provides various retail, mortgage, and commercial banking products and services.