Credicorp will improve

Mar 24, 2011 6:26:06 PM PDT | No Comment(s) - Post a Comment Rating 3

Credicorp continues to advance and become more and more successful each month. The shares of BAP have finally traded at a new 52-week high today. Trading at a low point today the price reached of $108.06 which is a large decrease from its open at $109.84. These may regularly be signs to trade but BAP is consistant with this trend.

BAP closed today at a price of $108.06 which is right in the middle of its average trading range showing a strong base to the trading price. This is an extremely bullish move for BAP and semi out of character, only time will tell if this bullish momentum will continue.

Until then, remaining on the bullish end of Credicorp shares seems to be the smartest move.

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