Long | WMC | Invest OpportunityNYSE:WMC
Possible Scenario: LONG
Evidence: Price Action, Option Activity
* 500% Return less than a year, mark this
This is my idea and could be wrong 100%
WMC
WMC (A)(B)(C) corrective upwards for wave 5 +90-130%test
Western Asset Mortgage Capital Corp. operates as a real estate investment trust. The firm engages in managing a diversified portfolio of assets. It focuses on investing in, financing and managing real estate related securities, whole loans and other financial assets. The company was founded on June 3, 2009 and is headquartered in Pasadena, CA.
WMC, The King and Queen's PatternSee chart. Break out soon. Interest rates going up, more profits for lenders.
Price target 1: 4.1$
PT 2: TBD
