Mr. Cooper Group Inc. (COOP) is one of the largest mortgage servicing companies in the U.S., helping millions of homeowners manage and refinance their loans. The company offers a range of mortgage solutions while focusing on digital tools that simplify the lending experience. With a strong servicing portfolio and a growing presence in loan originations, Mr. Cooper benefits from steady housing market activity and demand for refinancing in a shifting rate environment.
The chart recently showed a confirmation bar with increasing volume, pushing the price above the 0.236 Fibonacci level—placing it into the momentum zone. This kind of move signals growing buyer interest and could point to continued strength if momentum holds.
The chart recently showed a confirmation bar with increasing volume, pushing the price above the 0.236 Fibonacci level—placing it into the momentum zone. This kind of move signals growing buyer interest and could point to continued strength if momentum holds.
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Read on substack
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Top daily idea articles
link.traderspro.com/4aKGhiHD
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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.