GK-Trades

Long MFA Financial here as Weekly MACD is about to cross

Long
GK-Trades Updated   
NYSE:MFA   MFA Financial, Inc.
This one is too easy...not a ton of downside risk as chart loves support here. I would say a 10%-15% stop loss is fine as you wait for this to break out.

Short volume will also be covering a long with some better economic forcasts in the days to come. REITS will be GREAT again.

I'm actually surprised the sideways nature on this...should curl up here to at least test our first resistance zone of about $2.50 - if it breaks that then we will see you over $3.60 in the near term.

Trade active:
Looking really good since the idea. I said it was time - so it was time 00
Trade active:
Up huge in this hell of a session since we went long.

Conitnuing to hold and not even worried about volatily. We're esatablishing great support this is a LONG term multibagger. I've been long since the March low on this and being rewarded heavily.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.