East West Bancorp is a bank holding company that provides a range of banking and financial services to individuals, businesses, and institutions. They offer commercial banking, personal banking, and wealth management services, catering to diverse customer needs. East West Bancorp operates primarily in the United States, with a focus on serving the Asian-American community.
The stock of East West Bancorp has broken higher from a downtrend line, indicating a significant shift in its price direction. Since then, the stock has been stair stepping higher, meaning it has been making a series of higher highs and higher lows. This suggests a potential bullish trend and indicates that the stock has been gradually moving higher in a structured manner.
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