Technical Analysis:
Prices are still moving inside the channel, just wait the breakout of the top resistance line or that the prices will test the support line again before going up/before buying.
Fundamental Analysis:
Annaly is a leading diversified capital manager that invests in and finances residential and commercial assets. Annaly’s principal business...
NLY - Annaly Capital
This is one of my long term dividend holdings that I picked up today (600 shares). It pays a 10% dividend on a mostly flat chart (9.70-10.00). I like the move back above the 200 daily moving average (red line).
My entry of 600 shares was at $10.47 today, February 12th, 2019. More info at wingtrades.com
Annaly Capital Management has been in a long bearish trend since 2008. On multiple occasions through this trend, three of the technical indicators discussed below are at similar or higher levels, than they are now. These instances have resulted in losses for the stock. I have laid out the reasons and levels to which the stock may drop while it most likely...
