Stock in Focus: Security Bank (SECB)

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More than a month has past and yet Security Bank Corporation (stock symbol: SECB) is still having trouble surpassing the 120 level and closing the big gap right above it.

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The Detrended Price Oscillator (DPO) is trading close to the zero level as price has been quiet for a while now.

I would like to see more buyers come in around 100-115 before the stock attempts to fill that gap.

Further up, resistance lies around 140-145.

SECB Daily chart, January 15, 2014

SECB Daily chart, January 15, 2014

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