MFA Analysis 40% Fundamentals into this Trade 60% Technical. 2.70 will be the real test to decide if we break to the upside or continue consolidating.
Long Term Price Target: 3.76
MFA trade ideas
Long MFA Financial here as Weekly MACD is about to crossThis one is too easy...not a ton of downside risk as chart loves support here. I would say a 10%-15% stop loss is fine as you wait for this to break out.
Short volume will also be covering a long with some better economic forcasts in the days to come. REITS will be GREAT again.
I'm actually surprised the sideways nature on this...should curl up here to at least test our first resistance zone of about $2.50 - if it breaks that then we will see you over $3.60 in the near term.
$MFA: $3 to $4 Swing Potential (78%+ Correction Growth)First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few of my key opinions. Right now, MFA financial has been a stable growing stock overall in terms of its history. However, it had one of the biggest bearish runs any stocks have ever seen. The housing market also took a huge hit recently, and for a stock to have a performance of between $0.32 and $8.09 within 52 weeks is crazy. I think this is more and more likely a short call then a long one, but I am very bullish on an upcoming upswing trendline for MFA given past correlations and what investors have been saying .
MFA Launch Pad Coming UpSo I have an option on this for 4/17 strike price $1.30 aka passed it. Regardless this stock clearly is a result of the virus not of the company. I think you will continue to see big results from this stock over the next weeks/month if not longer.
Of course the virus news highly dictates real estate.
NYSE:MFA
NYSE:DOW
TVC:SPX
MFA financial rolls higher $mfaMFA Financial, Inc. operates as a real estate investment trust, which engages in the business of investment, on a leveraged basis, in residential mortgage assets including agency mortgage-backed securities, non-agency mortgage-backed securities, and residential whole loans. The company was founded by Stewart Zimmerman on July 24, 1997 and is headquartered in New York, NY.
MFA Financial: Possible Upside Breakout Developing? I Think YesWhat does an upside breakout look like BEFORE it happens?
The chart above leaves clues.
Here is a summary for the positives in-MFA:
1. Currently two buy Fractals, but not on this chart. They are on the daily chart.
2. The lower indicator under the chart is CHOP; readings below the shaded area (38.2) indicate a strong trend, it is now below that level.
Note the jump in price as the CHOP went below the shaded area.
3. The top lower indicator is phase energy, and this is positive. Note the jump in phase energy as CHOP went below 38.2.
4. The alligator IS WAKING UP and is feeding in the uptrend.
5. RSI / Stochastic (top indicator) is strong.
6. Prices are heading above the Ichimoku Cloud .
7. Prices are trading above the thick red Ichimoku Cloud conversion line.
8. Prices are trading above the Ki jun-Sen baseline of the Ichimoku Cloud
All of the things I look for to have an up-trend breakout are happening.
In my opinion MFA-is breaking out to a new bullish trend.
Good luck to you. Don.
MFA Financial: Strong Earnings & Strong UptrendStrong earnings and strong uptrend, a combination that is hard to beat.
MFA Mortgage Investments, Inc.-MFA operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. The company also has indirect investment in Lealand Place, a multifamily apartment property located in Lawrenceville, Georgia. In addition, it provides investment advisory services to a third-party institution with respect to their MBS-portfolio investments.
Earnings: On 8/3/2016, MFA reported 2 quarter 2016 non-GAAP earnings of $0.20 per share. This result beat the $0.19 consensus of the 8 analysts covering the company and beat last year's 2 quarter results by 17.65%.
Let's look at my TRADE-MAP approach:
TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
.....MAP = 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance.
When I mention "Don's Top Ten Technicals", I use the elements of the "TRADE-MAP" approach:
1. The Ichimoku Cloud is rising as well as the 89 day moving average . 2. Prices have risen FAR above the cloud. 3. Prices are trading above the thick red Ichimoku Cloud Conversion line.
4. The thick red conversion line is also rising. 5. The thick black line is the Ki jun-Sen baseline of the Ichimoku Cloud , which is rising and above the cloud.
6. The indicator on the top of the page is RSI / Stochastic , and this is strong, (consolidating). 7. The top middle indicator is vortex and it is strong (green over red), but the two are together as the stock has consolidated. 8. The Top (bar-type) indicator measures the "phase energy" of the stock , and this is STRONG. It has been mostly ABOVE THE ZERO LINE since February, indicating buying pressure. 9. The green fractal arrows are up (not shown).
10. Look to the far right on the chart, around $7.50. You will note a yellowish line on top (lips), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are rising, correct? This is where I ask you to use your imagination and envision these three items as the "separated jaws of a feeding alligator". This is a positive indication because the alligator is FEEDING in the uptrend.
This is a very solid stock with a strong uptrend.
My advice is to accumulate on weakness. Remember: The trend is your friend.
Good luck to you. Don.
