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Westamerica Bancorporation (WABC) Breaks Through Support at $51.91

Written on Tue, 07/20/2010 - 1:41pm
By Chip Brian

SmarTrend has detected shares of Westamerica Bancorporation (NASDAQ:WABC) have bearishly opened below the pivot of $52.37 today and have reached the first level of support of $51.91.
Should the shares continue to fall, we are monitoring the next support pivots of $51.17 and $49.97. Also, the shares are currently trading below the 50-day moving average of $55.06 and below the 200-day moving average of $54.74.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of Westamerica Bancorporation on July 19, 2010 at $52.22. Since the call, the stock has fallen 0.6%.

Keywords: westamerica bancorporation pivot points

Ticker(s): WABC

Contact Chip Brian



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