What Next for Select Bancorp Inc (SLCT) After Forming Bullish Double Top?

June 19, 2017 - By Hazel Jackson

The chart of Select Bancorp Inc (SLCT) shows a double top with $12.43 target or 4.00 % above today’s $11.95 share price. The 6 months chart pattern indicates low risk for the $136.81M company. It was reported on Jun, 19 by Finviz.com. If the $12.43 price target is reached, the company will be worth $5.47M more. Double tops are rare but powerful chart patterns.

About 707 shares traded. Select Bancorp Inc (NASDAQ:SLCT) has risen 44.91% since June 19, 2016 and is uptrending. It has outperformed by 28.21% the S&P500.

More news for Select Bancorp Inc (NASDAQ:SLCT) were recently published by: Prnewswire.com, which released: “Select Bancorp Announces Agreement To Purchase Two Yadkin Bank Branches” on June 19, 2015. Globenewswire.com‘s article titled: “Select Bancorp Re-Elects Four Members to Board of Directors at Annual …” and published on May 16, 2017 is yet another important article.

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