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Wednesday, July 29, 2020 3:18:30 PM
...the PPS broke through the lid of the cup (dashed orange line) today with increasing volume
...let's see if we get confirmation of the BREAKOUT with the earnings tomorrow
...the current price target (based on the chart) after the successful BREAKOUT of the Bullish Pennant (which already happened) is ~$22.00
...all IMO
Explanation of Cup and/with Handle pattern:
1) https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:cup_with_handle_continuation
2) https://www.investopedia.com/terms/c/cupandhandle.asp
$COOP chart:
======> JUST MY PERSONAL OPINION, NO INVESTMENT ADVICE!
======> I am long COOP, FNMA and FMCC
======> #ShareholderRightsMatter
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