BancTrust Financial Group headed to 7

BancTrust Financial Group headed to 7

A reader requested a stock chart for BancTrust Financial Group (BTFG), here's the technical analysis:

BTFG just broke above resistance at 5 and from trendline A. Now BTFG should get support from trendline A and the technical support level at 5. I like the odds of BTFG climbing back above 7 in the next 3 months or so. It will pause/pullback at 5.7, and 7.

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