COOP - Ascending Scallop This curved rising pattern is called an Ascending Scallop
Ascending Scallops are a bullish pattern which I have shown on this 4Hr chart with the bars pattern tool in green.
Bullish consolidation above the curve
COOP trade ideas
COOP always looks like a good time It has a funny name tbh. And it's one of those high Sharpe stocks that just feels right.
Target 57.5 ( 1 to 5 months )Good Technical Fundamental and Trend......... Target 57.5, Duration 1 to 5 months................
Long | COOPNASDAQ:COOP
Possible Scenario: LONG
Evidence: Price Action
Call options, Strike 35$, 06/18/21
This is my idea and could be wrong 100%,
Interesting pattern is forming on $COOPIt looks higher but note that it will be highly affected by current market condition .
HOT STOCK TO BUY for SWING TRADINGMPP TRADE IDEAS!!!
EVERYDAY A HOT STOCK TO BUY.
HOT STOCK ALERT ON TICKER:
COOP- Mr Cooper Group
PLAN:
BUY COOP NOW!
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ENTRY @ 32
TARGET @ 39
STOPLOSS @ 27
MPP - ALERTS FOR PROFIT AFTER PROFIT
$COOPEntry price : 27.04
Fundamentals :
- Sector: Finance
- EPS % Chg (Last Qtr): 142%
- 3 Year EPS Growth Rate: 0%
- EPS Est % Chg (Current Yr): 200%
- Sales % Chg (Last Qtr): 41%
- 3-Year Sales Growth Rate: 639%
- Annual Pre -Tax Margin: -0.1%
COOP: breakoutBreakout from nice consolidation pattern on good volume
Analyst upgerade to 30
pre-earnings run
COOPThis thing just does not notice overall correction.
Unusual options activity: high volume, 98% calls
Nest target 24
COOP fills gap and rejected.COOP fills gap and rejected. Price to dip to green box. Long Position. Profit target of next gap.
$COOP Golden Cross Buy Signal in Mr CooperPossible entry level $12.50 with $15 price target.
Extremely low 2.3 P/E ratio
Short interest 7.5%
Company profile
Mr. Cooper Group, Inc. is engaged in the provision of residential loan services. It operated through the following segments: Servicing, Originations and Xome. The Servicing segment consists of collecting loan payments, remitting principal and interest payments to investors, managing escrow funds for the payment of mortgage-related expenses, such as taxes and insurance, performing loss mitigation activities on behalf of investors and otherwise administering mortgage loan servicing portfolio. The Originations segment provides refinance opportunities to the existing servicing customers through direct-to-consumer platform and purchases loans from originators through correspondent channel. The Xome segment offers technology and data-enhanced solutions to banks, non-banks, investment companies, and GSEs engaged in the origination, investment, servicing of mortgage loans, as well as to home buyers, home sellers, real estate professionals mortgage professionals, and real estate investors. The company was founded on August 17, 1994 and is headquartered in Coppell, TX.
**BREAKOUT ON WATCH** Head and Shoulders InversePT (based on pattern alone)≈12; 17% higher than current SP. May be signaling primary trend reversal.
