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DigitalData
Apr 8, 2020 8:01 PM

MFA Launch Pad Coming Up Long

MFA Financial, Inc.NYSE

Description

So I have an option on this for 4/17 strike price $1.30 aka passed it. Regardless this stock clearly is a result of the virus not of the company. I think you will continue to see big results from this stock over the next weeks/month if not longer.

Of course the virus news highly dictates real estate.

NYSE:MFA
NYSE:DOW
TVC:SPX

Comment

Update. As expect it retraced almost perfectly. Should be ready for a bounce I would wait for a re test once breaking the resistances to buy back in or add on etc.

We will need to monitor on lower levels for the next several days don' t want to get caught in a bear continuation. Although unlikely seeing as I think we found a bottom.

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