Buy AGNCLooks 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 26.43
R/R 8.69
Profit Trading
AGNCP trade ideas
AGNCP ....An IHSAGNCP 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 (12,26,9) and Full-STO. AGNC price is now trading above the bullish aligned short-term moving average cluster of 13-day EMA ($25.39), 13-day EMA ($25.26) and 50-day SMA ($25,11).