AGNC Investment Corp. - Depositary Shares Each Representing a 1/1,000th Interest in a Share of 7.00% Series C Fixed-To-Floating Rate Cumulative Redeemable Prefe
Looks like a cup and handle setup - accumulation pattern - smart money
Technically speaking
Dont understand all that redeemable blah blah...
Gap to fill Sept 27
Stoch showing multiple confirmation of bottoming process - rounding bottom
MACD confirming up trend
Really dont like the noise in the candles
but every chart cant be pretty like _____!
S/L 25.17
T/P...
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...
