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Citizens South Banking Corp. (CSBC) in limelight after breaching 200 days MA with high volumes
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Posted on 10/28/09 at 10:56pm by Mark Moneymaster
Citizens South Banking Corp. (NASDAQ: CSBC), a small regional banker, was one of rare stocks to have taken the lead in breaching the long term support level of 200 days MA in Wednesday’s trading. Citizens South Banking Corp. (CSBC) stock logged high volumes on Wednesday, to close at $5.86, with gains of 19.6% on Wednesday.
The Citizens South Banking Corp. (CSBC) stock bounced back from a negatively trending daily line, after it announced the termination of fresh public offer of common stock .
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