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TMCNet:  Uptrend Call Working As Hanmi Financial Stock Rises 95.0% (HAFC)

[January 29, 2013]

Uptrend Call Working As Hanmi Financial Stock Rises 95.0% (HAFC)

Jan 29, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Hanmi Financial (NASDAQ:HAFC) on January 19th, 2012 at $8.40. In approximately 13 months, Hanmi Financial has returned 95.00% as of today's recent price of $16.38.
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In the past 52 weeks, Hanmi Financial share prices have been bracketed by a low of $7.90 and a high of $16.61 and are now at $16.38, 107% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.8%.

Hanmi Financial Corporation is the holding company for Hanmi Bank. The Bank is a business bank with its primary focus on servicing multi-ethnic small businesses in southern California. Hanmi's services include commercial small business association loans, trade finance, and consumer lending.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Hanmi Financial shares.Log in and add Hanmi Financial (HAFC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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