FBP is approaching a key resistance level, as indicated by the chart’s narrowing descending channel pattern. A breakout above this channel, particularly near the $21.68 level, could signal a continuation of the upward trend. The stock is showing consolidation, and a breakout accompanied by increased volume would be a strong confirmation. It will be essential to watch how FBP interacts with the moving averages and the upper trendline to validate any potential upward move.
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