Doral Financial has been on the move lately and will have to be carefully watched on monday to see if it is substainable or if the raise will continue. I think a new base will be established around 1,75$ to give enough time to the 200 day average to raise at actual level.
That DRL story is not over and any great results in the next quarter could easily add up a 1 or 2$ to these shares.
At the same time we can see BPOP having problems to get out of the trading range (2,90$ to 3,25$) but remember that BPOP have acquired last year major assets from other failure bank and great increase should be seen somewhere in Q3 or Q4. This is another great opportunity to accumulate.
That DRL story is not over and any great results in the next quarter could easily add up a 1 or 2$ to these shares.
At the same time we can see BPOP having problems to get out of the trading range (2,90$ to 3,25$) but remember that BPOP have acquired last year major assets from other failure bank and great increase should be seen somewhere in Q3 or Q4. This is another great opportunity to accumulate.
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