Mr Cooper Group Inc (COOP)

[coach tequila]

I don't know a whole lot about WAMU but I happened to pull up an hourly chart on WAMPQ, WAMKQ and WAMUQ. Adjust the chart so you get a reading on the even hours...not starting at 9:30.

You will notice a big green candle on higher volume than the previous red candle on the drop.

For example, the drop from $.40 to $.10 was on 50.3M shares traded. The rise from $.09 to high of $.26 and close at $.23 was on 114M shares traded. Since then the volume has dropped markedly and relative to the big green candle price, has been consolidating nicely.

It does apprear that a large player was buying the dip and is now sitting.

See for yourself...I cannot post a link from Schwab sorry. Accounts with Stockcharts.com should be able to do it however...maybe someone can post the adjusted chart (please make sure you adjust for on the hour).

Hope it helps...