Bull Flag May Spell Break Out On Pacific Capital Bancorp

Pacific Capital Bancorp PCBC is a small bank stock trading in the low ranges of the daily chart. In addition, the stock has a beautiful intra day bull flag setup that may spell breakout in the coming minutes or days. Note the chart below. Small bank stocks have been the hottest sector in the markets of late with gains ranging from 25% - 100%. Watch for the blast off, it may be coming shortly. Gareth Soloway Chief Market Strategist www.InTheMoneyStocks.com