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| Alias Born | 06/05/2014 |
Friday, October 19, 2018 2:50:53 AM
Yesterday the PPS was at the lowest value since the day of the merger announcement in February.
The PPS touched the same intraday low and bounced off.
The RSI is absolutely OVERSOLD now!
The RSI is at the same low value as in Nov. 2017 when WMIH was at ~$0.60 (pre-R/S) and almost doubled then.
I hope the same will happen now after a positive 10-Q for Q3
It is time for a new high above $20. The implied book value is $24, and in the weekly chart there is also a big Inverse Head and Shoulders pattern, pointing to a price target of $30 IF the PPS breaks through the neckline (see https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144165226)...
I AM LONG COOP, NO INVESTMENT ADVICE! GO $COOP
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- Just my personal opinion, no investment advice! -
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