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SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of Wilshire Bancorp (WIBC)

By Chip Brian

SmarTrend identified an Uptrend for Wilshire Bancorp (NASDAQ:WIBC) on December 23, 2009 at $8.01. In approximately 3 months, Wilshire Bancorp has returned 20% as of today's recent price of $9.61.
Wilshire Bancorp is currently above its 50-day moving average of $8.78 and above its 200-day moving average of $7.47. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Wilshire Bancorp shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): WIBC