NASDAQ:AGNCP
AGNC Investment Corp. - Depositary Shares Each Representing a 1/1,000th Interest in a Share of 6.125% Series F Fixed-to-Floating Rate Cumulative Redeemable Pref
AGNCP appears to have put in an Inverse Head and Shoulders (IHS) bottom with a head at $24.20, neckline at $25.50 and target of $2650. Last week AGNC has broken above the $25.50 neckline, setting up the potential move to the IHS target of $26.70. Also notice at the initial $20.5 price low in july there was positive divergence set-up o the daily RSI (14), MACD (12,26,9) and Full-STO. AGNC price is now trading above the bullish aligned short-term moving average cluster of 13-day EMA ($25.39), 13-day EMA ($25.26) and 50-day SMA ($25,11).